News Snapshot:
Xi Jinping after being re-elected as president for a third term on March 10, 2023. NOEL CELIS/AFP via Getty Images China plans to implement stimulus to boost economic growth, the Wall Street Journal reported. Beijing may also ease property-ownership rules to prop up the real estate sector. The measures would follow recent interest rate cuts by the People's Bank of China. China plans to inject stimulus funding into its economy and loosen some property rules as the country's post-COVID recovery continues to disappoint, sources told the Wall Street Journal. Beijing is considering issuing the equivalent of about $140 billion in...
