China’s manufacturing hub proposes Hong Kong-style shopping vouchers to boost slowing economy

Nov 12, 2021 | INVESTING

A plan from China’s southern manufacturing hub to offer Hong Kong-style shopping vouchers in an effort to stimulate consumption and spending as the slowdown in China’s economy continues to gain momentum could kick off a nationwide roll-out, although economists and analysts have questioned the effectiveness of the proposals.The Guangdong provincial government announced nine policies this week aimed at jump-starting spending in commercial districts as well as boost dining and tourism, with…

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