China defiant toward U.S. on trade, Kudlow urges strong enforcement steps

12 Sept 23:44 Key points summarised by AI

The U.S. and China are at a trade deadlock, with Washington demanding concrete legal changes from Beijing, which firmly rejects any compromise on its core interests.
The trade war escalated as the U.S. hiked tariffs on $200 billion in Chinese goods, citing Beijing's failure to uphold prior commitments.
White House economic adviser Larry Kudlow emphasized the need for "very strong" enforcement provisions codified in Chinese law, while Chinese state media declared the nation would not "swallow bitter fruit" or fear a trade war.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.