ShippingWatch

Broker: China could be preparing giant stimulus package

Seven provinces in China allegedly plan to invest the towering sum of USD 3.5 trillion in infrastructure in an effort to restart the economy following the coronavirus outbreak, reports Arrow Shipbroking Group citing a Chinese media.

Photo: AIDAN JONES/AFP / AFP

China could be about to announce a giant stimulus package in an effort to revive its economy in the wake of the coronavirus outbreak.

Arrow Shipbroking Group says in a brief that a Chinese media reports that seven provinces in China will invest the dizzying sum of USD 3.5 trillion in infrastructure projects in the coming years.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs