China's Economy: Beijing to Give Cash Handouts to Poor | Vantage with Palki Sharma

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China's Economy: Beijing to Give Cash Handouts to Poor | Vantage with Palki Sharma

China’s government has announced a rare, one-off cash handout for orphans and people living in extreme poverty, just a day after unveiling a massive economic stimulus plan. The cash aid, to be distributed by October 1, comes as part of China’s efforts to address rising economic challenges. With $142 billion in liquidity injected into financial markets and mortgage rates slashed, China is attempting to stabilise its property sector and provide relief to struggling communities. Palki Sharma tells you more.

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China | Economy | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#china #economy #xijinping #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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Palki's favourite country 🤣🤣🤣🤣💖💖💖💖

yogi
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In India 800 million live on free rashan and here they are worrying about China 😂

redpanther
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Many people have become millionaires in trading because with the leverage involved in trading, people can make a fortune or lose it all very quickly so you need care

salimdiga
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Palki is more worried about China than India 😂

nickblue
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This time last year I considered crypto without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. I got into the market with 15k, One year and a couple of months in, and I’m up with 550k. I truly cannot stress enough how helpful experts in this field are!

KieraAva
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Cash handout in India only during Election time. 😅😅😅

wionporky
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What did India gives to the poor? *Empty promise*

BabaYaga
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Palki and her Wion team scan Chinese media everyday to find any news item related to India. If there is one ( which is as frequent as once per month), Palki get excited and react almost immediately on same or next day.

gpmkwms
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At least they're doing something.

zakariyyaumar
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Some poor people in Singapore last year got S$5, 800 cash plus S$600 food vouchers. On top of that still have utilities credits.

Utube
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I just love how Palkee's army of whatsapp minions and the modibots are CONSTANTLY fighting _imaginary_ 'Chinese bots' in the comment section everyday.

YouCantHandleTheTruth.
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She draws her eyebrow so long like Black Myth Wukong

Utube
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Indiarrhea just can't compete globally.
28 Gold medals in Asian game 2023 (41 countries out of 195 countries).
0 Gold medals in Olympic games 2024 (185 out of 195 countries).
Difficulty level goes up with more competitors, you see....
Hence Indiarrhea focus on ICC cricket which are participated by 10 countries out of 195.But but but, Indiarrhea could't win in the the ICC cricket "World" cup 2023 either and lost to Australia.
1.42+ billion Indiarrhea are sawft.😅

INDIANSARESICKMENOFASIA
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Meanwhile, India gave their citizens caste certificates and caste system to follow, poverty, and massive unemployment. Ever wondered why and how many Indians surrender their Indian citizenship for another citizenship? Even wondered why the GDP per capita (also known as annual income of an average citizen) of India is still stuck below 3K, for 76+ years since independence in year 1947? 🤣😂

INDIANSARESICKMENOFASIA
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I am from India, India must always remember that the gap in wealth, economic power, advanced technology and military strength between China and India is even greater than the gap in Olympic gold medals.

China: Gold: 40, Silver: 24, Bronze: 29
Hong Kong, China: Gold: 2, Silver: 0, Bronze: 2
India: Gold: 0, Silver: 0, Bronze: 5

Aarini_Ashwini-sx
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Couple days without talking china, palki and her bots are short circuited

Peter-oxlj
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They're reaching the level of Nigeria

ollyanimes
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wow. china takes care of their people, Palki Sharma dont like it

ashifabedin
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Nation must learn from Chinese how not to behave once you got money …

NatureAndMyself
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These handouts and stimulus won't change China's abysmal economic outlook. China should learn from India on how to boost market confidence and alleviate mass poverty effectively.

GeopoliticsExpert