China offers bonds, tax breaks as new medicine for ailing economy

Beijing (AFP) May 24, 2022

Tax breaks and a bond drive for Chinese aviation and railway firms are among a blizzard of fresh measures agreed by China's economic planners to gee up an economy stunted by a coronavirus surge. China is the last major economy bolted to a zero-Covid strategy of mass testing and tough lockdowns to stamp out infections. Movement curbs have hit dozens of cities in recent months - from the