Why is China spending billions to get people to open their wallets?

The Chinese government has promised new child care subsidies, increased wages and better paid leave to revive a slowing economy. That is on top of a $41bn discount programme for all sorts of things, from dishwashers and home decor to electric vehicles and smartwatches.mBeijing is going on a spending spree that will encourage Chinese people to crack open their wallets.Simply put, they are not