🇨🇳 #China Takes Major Steps to Boost Its Economy:

* Reserve requirement ratio cut, injecting ~1 trillion yuan into the system.

* Key interest rates lowered.

* Mortgage rates reduced to support the housing market.

* 1 trillion yuan in special sovereign bonds issued.

* 100 billion yuan government investment in infrastructure projects.

* Increased child subsidies to encourage families to have more children. #economy #stimulus #manipulation