0:000:00
<p>China is placing a bold new bet on its economy — not through mega infrastructure projects, but through your wallet.</p><p>Starting September 1st, a <em>dual interest subsidy</em> will directly reduce the cost of personal consumption loans and support service-sector businesses, in a first-of-its-kind move linking fiscal policy to everyday spending.</p><p>From home renovations to eldercare services, this policy aims to activate consumers and strengthen the small businesses that serve them — creating a two-way boost for demand and supply.</p><p>In this week’s <strong>Weekly China Recap</strong>, I break down how the program works, why it marks a structural shift in China’s stimulus strategy, and what it signals for the country’s economic direction.</p><p><em>Listen now to “Weekly China Recap with Xing Zheming” — where we decode China, one episode at a time.</em></p><p><em>Powered by Taskforce Consultancy</em></p><p><em>Contact us via</em></p><p><em>zheming@taskforce-china.cn</em></p><p...