The central bank is hoping that more people will want to borrow money at lower costs. So far, China has not done a whole lot of transfers to average people. They could give vouchers for spending specifically on food and dining. If restaurants are doing well and they hire more people that could have an impact on unemployment.
This week’s court battle involving Microsoft and Activision, giants of tech and gaming, reflects a sea change under way in America’s trustbusting machinery; it may not go as far as the top competition cop might like. A boom in China’s post-pandemic economy now seems to be sputtering (11:29). And a paean to the Tayto crisp—cheese-and-onion flavour, naturally (18:29).
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