China Expands Trade-In Scheme, Subsidizes Digital Goods to Boost Consumption
China is expanding its consumer trade-in program to include more home appliances and offering subsidies for digital goods up to 6,000 yuan ($818) to boost the struggling consumer sector, allocating 81 billion yuan in 2025 with potential for further increases, as part of a broader plan to stimulate e...
China Expands Trade-In Scheme, Subsidizes Digital Goods to Boost Consumption
China is expanding its consumer trade-in program to include more home appliances and offering subsidies for digital goods up to 6,000 yuan ($818) to boost the struggling consumer sector, allocating 81 billion yuan in 2025 with potential for further increases, as part of a broader plan to stimulate e...
Progress
40% Bias Score
China's Nationwide Urban Renewal Plan to Boost Investment and Domestic Demand
China's 2025 urban renewal plan, expanding nationwide to 300 cities, aims to renovate 1 million housing units, upgrade infrastructure, and attract private investment totaling 500 billion yuan ($68.3 billion) by leveraging public funding and policy incentives.
China's Nationwide Urban Renewal Plan to Boost Investment and Domestic Demand
China's 2025 urban renewal plan, expanding nationwide to 300 cities, aims to renovate 1 million housing units, upgrade infrastructure, and attract private investment totaling 500 billion yuan ($68.3 billion) by leveraging public funding and policy incentives.
Progress
24% Bias Score
China's Manufacturing Growth Stalls Despite Stimulus, Trade Risks Loom
China's official December PMI edged up to 50.1, indicating slight manufacturing growth but below forecasts, while services and construction sectors recovered; however, negative export orders and employment persist amid concerns over US tariffs and the property crisis.
China's Manufacturing Growth Stalls Despite Stimulus, Trade Risks Loom
China's official December PMI edged up to 50.1, indicating slight manufacturing growth but below forecasts, while services and construction sectors recovered; however, negative export orders and employment persist amid concerns over US tariffs and the property crisis.
Progress
44% Bias Score
Greece Launches "My Home II" Program: 20,000 Low-Interest Home Loans
Greece's "My Home II" program, starting January 15th, 2025, will provide 20,000 low-interest loans (up to €190,000, covering up to 90% of property value) to first-time homebuyers aged 25-50, with income limits based on marital status and number of children, using a €2 billion budget from the Recover...
Greece Launches "My Home II" Program: 20,000 Low-Interest Home Loans
Greece's "My Home II" program, starting January 15th, 2025, will provide 20,000 low-interest loans (up to €190,000, covering up to 90% of property value) to first-time homebuyers aged 25-50, with income limits based on marital status and number of children, using a €2 billion budget from the Recover...
Progress
48% Bias Score
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
Progress
40% Bias Score
China to Increase Budget Deficit to Counter Economic Slowdown and US Trade Tensions
Facing a slowing economy and renewed US trade tensions under President Trump, China announced plans to increase its budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, according to the Central Economic Work Conference held December 11-12.
China to Increase Budget Deficit to Counter Economic Slowdown and US Trade Tensions
Facing a slowing economy and renewed US trade tensions under President Trump, China announced plans to increase its budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, according to the Central Economic Work Conference held December 11-12.
Progress
40% Bias Score
IMK Recommends Three-Pronged Strategy to Revitalize German Economy
The IMK study urges Germany to adopt a three-pronged economic strategy: massive infrastructure investment, temporary subsidized electricity, and EU-led industrial policy, to counter weak growth and prevent key industries from collapsing.
IMK Recommends Three-Pronged Strategy to Revitalize German Economy
The IMK study urges Germany to adopt a three-pronged economic strategy: massive infrastructure investment, temporary subsidized electricity, and EU-led industrial policy, to counter weak growth and prevent key industries from collapsing.
Progress
48% Bias Score
Italy's 2025 Appliance Bonus: €50 Million for Energy Efficiency Upgrades
Italy's 2025 appliance bonus provides a 30% discount (up to €100, or €200 for low-income families) for replacing inefficient appliances with energy-efficient models (class B or higher), funded by a €50 million budget.
Italy's 2025 Appliance Bonus: €50 Million for Energy Efficiency Upgrades
Italy's 2025 appliance bonus provides a 30% discount (up to €100, or €200 for low-income families) for replacing inefficient appliances with energy-efficient models (class B or higher), funded by a €50 million budget.
Progress
44% Bias Score
IRS to Issue Automatic Payments of up to $1,400 to 1 Million Taxpayers
The IRS will issue automatic payments of up to \$1,400 to approximately 1 million eligible taxpayers who did not claim the 2021 Recovery Rebate Credit, totaling about \$2.4 billion, starting in December and arriving by late January via direct deposit or mail.
IRS to Issue Automatic Payments of up to $1,400 to 1 Million Taxpayers
The IRS will issue automatic payments of up to \$1,400 to approximately 1 million eligible taxpayers who did not claim the 2021 Recovery Rebate Credit, totaling about \$2.4 billion, starting in December and arriving by late January via direct deposit or mail.
Progress
40% Bias Score
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a €5 increase in child benefit to €255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a €5 increase in child benefit to €255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Progress
36% Bias Score
€60 Million Bavarian Aid Package to Counter Job Losses in Schweinfurt
The Bavarian government announced a €60 million aid package for Schweinfurt to mitigate potential job losses in its industrial sector, encompassing direct business support, infrastructure upgrades, and research funding.
€60 Million Bavarian Aid Package to Counter Job Losses in Schweinfurt
The Bavarian government announced a €60 million aid package for Schweinfurt to mitigate potential job losses in its industrial sector, encompassing direct business support, infrastructure upgrades, and research funding.
Progress
36% Bias Score
China to loosen monetary policy, increase deficit to counter growth slowdown
Facing slowing growth and potential US trade tensions, China's Central Economic Work Conference (CEWC) on December 11-12 pledged to increase the budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, prioritizing growth over financial risks despite challenges in ...
China to loosen monetary policy, increase deficit to counter growth slowdown
Facing slowing growth and potential US trade tensions, China's Central Economic Work Conference (CEWC) on December 11-12 pledged to increase the budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, prioritizing growth over financial risks despite challenges in ...
Progress
44% Bias Score