Nicely put, not a bazooka but hopefully puts a floor. The cynic in me can’t help but notice this comes just before the 75 anniversary of the forming of the PRC and means Beijing has given the country a bit of good news going into Golden week. The key is will the government follow through? Next week is a holiday will people be as convinced afterwards
Sounds more like China looked at Germany's path...
Nicely put, not a bazooka but hopefully puts a floor. The cynic in me can’t help but notice this comes just before the 75 anniversary of the forming of the PRC and means Beijing has given the country a bit of good news going into Golden week. The key is will the government follow through? Next week is a holiday will people be as convinced afterwards