Beijing is reportedly giving its citizens $1.7 billion to go shopping - Business Insider

Citizens of Beijing are set to have a government-funded shopping spree as the city hands out 12.2 billion yuan, or $1.7 billion USD, in vouchers,In addition to shopping, the vouchers can be used for catering, tourism, education, and sports, the report said.

The vouchers come as China seeks to recover from the economic fallout from the coronavirus. Retail salesAs the first country hit by the coronavirus, which originated there, China has also had a head start in its economic recovery from the shutdowns. China'sBeijing is not alone in handing out the vouchers — over 50 cities across China are offering similar handouts, according to the report, including Wuhan, Shenzhen, and Hangzhou.

it's beijing municipal govt for its city citizens. around 80USD per person though not everyone would want it. I don't plan to buy for anything so I don't take it.

funny headline, you got me there..

China may as well give its workforce shopping vouchers, as their goods are made at slave wages, CHEAP CHEAP CHEAP & now NOT being CONSUMED by USA & EU nations whose economies have been SHUTDOWN by WhuanVirus!

Kind of what the fed has done for the upper 1%...

Hmm, what does this mean?

They should do the same thing here 🤓😎🤑

BREAKING NEWS A nation wide effort to silence fear and hate will be taking place June 10th to July 10th. We are asking everyone to turn off CNN during this time frame. Fear, hate and fake news are not essential. TurnOffCNN

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

LVMH's $16.2 billion deal to acquire Tiffany is looking uncertain: WWD report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. WHO GIVES A DAMN?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

The ECB just announced $676 billion of new stimulus to fight the coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It appears we're in a perpetual state of emergency,forever, until the end of time -Cortisol City!Rates can never normalize,QE can never stop, all forms of purchase programs either...How long until the banks own literally everything at this rate, and there's nothing left to buy? quite amazing aka tax payers announce they will be contributing to their own stimulus
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Mars CEO: $35 billion pet care and snacking company changing, pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »