# NFRA

Beijing Navigates a Strategic Trifecta: Financial Purges, Data Ambitions, and Demographic Realities

China is balancing a high-level financial corruption probe with aggressive new policies for a national data market and a 12.09 billion RMB subsidy for elderly care. Market liquidity remains a priority with a massive 500 billion RMB MLF injection, even as tech giants like Meituan and ByteDance face scrutiny and competitive pressures.