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China to Give Cash Handouts to the Poor in Rare Use of Aid

Bloomberg reports that China is up to one-off subsidies to benefit people in extreme poverty. Economists have called for fiscal measures to lift consumption.
China to Give Cash Handouts to the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest economy. The Ministry of Finance and Ministry of Civil Affairs will issue living subsidies to disadvantaged groups including the very poor and orphans before the... ...

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