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China Unveils Spending Boost Amid Rising Taiwan-Japan Tensions

12/17/2025

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Story summary
  • China unveiled an 11-measure policy package to boost household spending by coordinating commerce and financial regulators.
  • The package expands personal consumer lending and promotes green and digital consumption.
  • Local governments are encouraged to use digital yuan incentives.
  • Separately, tensions with Japan over Taiwan rose as Japan cited a 1972 diplomatic document, while China demanded full acknowledgment of its Taiwan position.