China leans on state-run banks for $120bn to boost economy

The recently announced stimulus will go to boost infrastructure investment and is part of old playbook to drive growth.

Related Keywords

China ,Beijing ,Lu Ting ,Zhejiang ,Shanghai ,New Zealand ,Hong Kong ,Li Keqiang ,Liu Peiqian ,China Renaissance Securities Hong Kong Ltd ,Asia At Standard Chartered Plc ,China Development Bank ,Natwest Group Plc ,Bonds ,Nomura Holdings Ltd ,People Bank ,Agricultural Development Bank ,Danske Bank ,Australia New Zealand Banking Group Ltd ,State Council ,Premier Li Keqiang ,Ding Shuang ,Greater China ,North Asia ,Standard Chartered ,Export Import Bank ,Natwest Group ,New Zealand Banking Group ,Bruce Pang ,China Renaissance Securities Hong Kong ,Covid Zero ,Economy ,News ,Banks ,Usiness And Economy ,Coronavirus Pandemic ,Financial Markets ,Infrastructure ,Asia Pacific ,