Published: October 30th, 2024,
Last updated: May 28th, 2025

China plans to approve a new debt package worth ten trillion yuan (1.3 trillion euros) in the coming week. This was reported by Reuters. According to the report, the budget package will be further increased should Donald Trump win the US elections. The official announcement is scheduled for November 8 by the Standing Committee of the National People’s Congress, which will meet for a five-day session next week.