EconomyChina prepares £40bn stimulus for financial sector amid fears over sluggish growth

China will inject $54bn (£40bn) into its financial sector as Beijing seeks to strengthen banks and insurers amid weak economic growth. State institutions will provide capital to insurers including China Life and three state lenders, helping replenish reserves, support stock-market investment and sustain lending to businesses.

China economyfinancial sectorcapital injectionsbanksinsurers

TThe Guardian★★★★☆2026-09-06 15:16Original