From energy to drinking water, China has lots to fix in its economy
CNN
China has unveiled 19 new measures to shore up its economy and "secure drinking water" supply as the country continues to struggle with its worst heatwave in 60 years and rigid Covld lockdowns.
The new measures announced by China's cabinet on Wednesday amount to more than 1 trillion yuan ($146 billion) in funding to improve infrastructure, ease power shortages, and tackle drought, including money to secure rice production.
"The current economic recovery has a weak foundation," the statement said, adding that the new funding was aimed at stabilizing the economy. Premier Li Keqiang hosted the cabinet meeting.
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