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China is taking action to boost its slowing economy with different types of economic support. By lowering interest rates, making it easier to borrow money, and helping local governments buy unsold real estate, China hopes to increase growth.
Skip Montreux and Dez Morgan talk about how the Chinese government is using economic stimulus to improve its economy. The People’s Bank of China (PBOC) recently took steps to encourage more borrowing and spending, including lowering interest rates and loosening rules for bank lending. Another important step allows local governments to sell bonds to help fund the purchase of unsold real estate, which indirectly supports property developers.
Their conversation is a great learning resource if you want to build your English listening comprehension skills and expand your business vocabulary. Key points of their discussion include:
Become a D2B Member today for to access to our -- NEW!!!-- interactive audio scripts, PDF Audio Script Library, Bonus Vocabulary episodes, and D2B Member-only episodes.
Visit d2benglish.com/membership for more information.
Follow Down to Business English on Apple podcasts, rate the show, and leave a comment.
Contact Skip, Dez, and Samantha at
Follow Skip & Dez
Skip Montreux on Linkedin
Skip Montreux on Instagram
Skip Montreux on Twitter
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Dez Morgan on Twitter
RSS Feed
4.7
2929 ratings
China is taking action to boost its slowing economy with different types of economic support. By lowering interest rates, making it easier to borrow money, and helping local governments buy unsold real estate, China hopes to increase growth.
Skip Montreux and Dez Morgan talk about how the Chinese government is using economic stimulus to improve its economy. The People’s Bank of China (PBOC) recently took steps to encourage more borrowing and spending, including lowering interest rates and loosening rules for bank lending. Another important step allows local governments to sell bonds to help fund the purchase of unsold real estate, which indirectly supports property developers.
Their conversation is a great learning resource if you want to build your English listening comprehension skills and expand your business vocabulary. Key points of their discussion include:
Become a D2B Member today for to access to our -- NEW!!!-- interactive audio scripts, PDF Audio Script Library, Bonus Vocabulary episodes, and D2B Member-only episodes.
Visit d2benglish.com/membership for more information.
Follow Down to Business English on Apple podcasts, rate the show, and leave a comment.
Contact Skip, Dez, and Samantha at
Follow Skip & Dez
Skip Montreux on Linkedin
Skip Montreux on Instagram
Skip Montreux on Twitter
Skip Montreux on Facebook
Dez Morgan on Twitter
RSS Feed
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