BEIJING – As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its virus-battered economy.
How much is Beijing ready to spend? Companies and the public are looking to the meeting of the ceremonial national legislature starting Friday for details.
One closely watched indicator: Whether Beijing will skip for the first time setting an economic growth target given uncertainties over what lies ahead.
China, where the coronavirus pandemic began in December, was the first economy to start reopening in March. But while the United States, Japan and Europe launched or debated plans for a flood of spending to shore up economic activity, the ruling Communist Party held back and