BEIJING—China is moving faster than expected to inject money into the economy, a sign that the government is becoming more worried about slowing growth as trade tensions are on the rise.
The country’s cabinet, the State Council, this week encouraged local governments to quickly tap the bond market. The central bank, meanwhile, lent more than 500 billion yuan ($74 billion) to banks, a push to get them to lend and the largest one-time amount since such injections started in 2014.
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