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Could Guangdong’s Hong Kong-style shopping vouchers spark nationwide roll-out?

Could Guangdong’s Hong Kong-style shopping vouchers spark nationwide roll-out?

A plan from China’s southern manufacturing hub to offer Hong Kong-style shopping vouchers in an effort to stimulate consumption and spending could kick off a nationwide roll-out, although economists and analysts have questioned the effectiveness of the proposals.Facing the increasing slowdown in China’s economy, the Guangdong provincial government announced nine policies this week aimed at jump-starting spending in commercial districts as well as boosting dining and tourism, with traditional…

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