China’s economy suffers blow as Beijing’s stimulus push fails to jolt construction

Feb 28, 2022 | INVESTING

A widely-anticipated push by China’s government to boost construction to stabilise growth in the world’s second-largest economy has yet to materialise, a blow to hopes that Chinese stimulus would lift global growth early on this year.The Communist Party has made its stimulus goals clear in recent months, pledging to “front-load” pro-growth policies in 2022, pushing early sales of bonds to fund investment and easing curbs on financing for the property sector.The Politburo, the party’s top…

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