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it's a weapon! it's a bomb! it's economic warfare!
it's basic keynesianism
CHINA loads a new seventy BILLION dollar stimulus BOMB! KABOOM!!
In the meantime, the GOP is trying to increase the ICE budget by $150B and no one outside of rights groups cares.
No shot this works unless they blow 90% of it on commissions to form committees to research the viability of the projects as public-private joint partnerships
Summary of the article
spoiler
China’s $70B Stimulus Bomb Could Ignite Massive Investment Wave Just as Tariffs Return
China is loading a new weapon in its stimulus arsenal $70 billion capital injection that could be leveraged up to fund a wave of domestic infrastructure projects.
According to people familiar with the plan, the financing tool will run through China’s three policy banks, who’ll raise funds by issuing bonds or taking direct stakes in strategic projects. That initial capital could unlock multiple layers of debt financing, potentially multiplying total investment several times over.
And while no official launch date has been confirmed, China’s National Development and Reform Commission has promised to finalize key projects and kick off the new tool by the end of June. The setup echoes a 2022 pandemic-era program, which raised over 740 billion yuan via policy bank bonds and helped keep the economy afloat during lockdowns.
Tesla (NASDAQ:TSLA) and other firms deeply embedded in China’s EV and digital infrastructure ecosystems could see knock-on effects depending on how capital deployment shapes demand and industrial policy.
For now, this new financing mechanism could be the clearest signal yet that Beijing is betting on high-tech infrastructure and consumer engines exports to drive its next phase of growth.
wow almost half a single percent of China's annual national income