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BBCNEWS World Business Report June 4, 2024 04:45:00

Now? the chinese government is very reluctant now? the chinese government is very reluctant to now? the chinese government is very reluctant to give now? the chinese government is very reluctant to give the - very reluctant to give the money to the household because of the relatively higher saving rate, especially under the backdrop of the pandemic, the household will be at anxiety of losing theirjob so the spending rate will dominate today will be reluctant to spend. last time when china was doing stimulus, they still give the money to the public sector as well as local government and asked them to invest and produce, and to generate employment. eitherway, produce, and to generate employment. either way, to further boost consumption. could you give us a sense of where china is at at the moment in terms of the progression of the pandemic, because we are seeing in tokyo, japan, hong kong and other areas in south east asia, we are seeing a rise in the number of covid cases. what is ....

China S , Saving Rate , Spending Rate , Public Sector , Boost Consumption , Hong Kong , South East Asia ,

GST Council should consider time-bound rate cut to boost consumption: Nilesh Shah

New Delhi [India], May 27 (ANI): Ahead of the 43rd GST Council meeting tomorrow, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management company has appealed to the GST Council to consider a time-bound rate cut to boost consumption that will have a positive impact as consumers will prepone their expenditures. ....

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