China is giving citizens money to buy more smartphones – Breaking News & Latest Updates 2026
Skip to main content
T
External Link
China is giving citizens money to buy more smartphones.

The roughly $41.1 billion consumer spending scheme, previously limited to stimulating car and home appliance purchases, is expanding to smartphones and “other electronics.” The move is meant to offset the effects of any new US tariffs on Chinese exports, according to Bloomberg.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...