Global Business

China launches dual subsidy programs for consumer loans and service sector support


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--Chinese authorities have introduced two major subsidy programs to stimulate economic growth, subsidizing consumer loans and services business loans

--Goldman Sachs research shows the financial burden in the U.S. has shifted from companies to households with American consumers now bearing the cost of President Trump's tariffs

--China approves merger of CSSC and CSIC to create the world's largest shipbuilder

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Global BusinessBy China Plus