China plans to buy $300 billion of U.S. assets as it tries to revive its economy
China is planning to buy up to $300 trillion in U.N. assets, a move that would revive its battered economy as it seeks to boost growth amid slowing exports and concerns over pollution.
The Chinese central bank has been buying U.
Ns for nearly a decade to help finance a boom in private investment in the world’s second-largest economy, which faces a long-term economic slowdown.
The country’s central bank last week announced plans to acquire $300bn of U