No festivities have been announced for the occasion on Tuesday, save for a flag-raising ceremony at Tiananmen Square. In recent decades, China has mounted military parades and displays of the country's economic might only at the turn of decades, such as for the 60th and 70th anniversaries.
The world's second-largest economy has struggled to regain momentum after Covid-19.
A prolonged property slump led to a spillover effect on other parts of the economy, from construction to sales of home appliances. Last week, China announced a slew of measures to boost the economy, including lower interest rates and smaller down payment requirements for mortgages.
この記事は Business Standard の October 02, 2024 版に掲載されています。
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この記事は Business Standard の October 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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