China announces one-off cash handouts for those in extreme poverty

Quick Summary:

China’s government will offer cash subsidies to help citizens in need.

While the amount is unknown, the move has been largely welcomed by the public amid a struggling economy.

This photo taken on Jan 7, 2023 shows a man hanging clothes to dry in a rural area in Tai'an, China's eastern Shandong province.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Been Statement Cash One-off China’s Struggling Move Need Government Subsidies Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 16:18:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22720054

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 36 posts per day

Year Established: 1999

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