{"id":134433,"date":"2025-08-13T01:33:02","date_gmt":"2025-08-13T01:33:02","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=134433"},"modified":"2025-08-13T01:33:02","modified_gmt":"2025-08-13T01:33:02","slug":"china-seeks-to-bolster-demand-by-subsidising-interest-costs-on-consumer-loans","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=134433","title":{"rendered":"China seeks to bolster demand by subsidising interest costs on consumer loans"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing\u2019s broader efforts to unlock household spending power and shore up domestic demand.<br \/>\nIndividuals who take out consumer loans for purchases \u2013 including single transactions below 50,000 yuan (US$6,958) and higher amounts for purchases in key sectors such as cars and education \u2013 will have part of their interest costs covered by the government, according to the plan released on Tuesday by the&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3321647\/china-seeks-bolster-demand-subsidising-interest-costs-consumer-loans?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing\u2019s broader efforts to unlock household spending&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/134433"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=134433"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/134433\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134433"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}