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KraneShares Bloomberg Barclays China Bond Inclusion Index ETF
China has announced a major fiscal stimulus package in the form of $21 billion in tax cuts, mainly to business.
The sharp contraction in economic activity is due to China’s approach to dealing with outbreaks of Covid-19 through severe lockdowns, highway controls, mass testing, and quarantine centers — President Xi Jinping’s zero-Covid strategy.
China has announced a major fiscal stimulus package in the form of $21 billion in tax cuts, mainly to business.