China's Inflation Slows, Amplifying Calls for Economic Stimulus

China has shifted its monetary policy stance to "moderately loose" for the first time in 14 years to combat deflationary pressures and boost its economy. This change, announced by the Communist Party's politburo, aims to enhance fiscal measures, stimulate consumption, and expand domestic demand. The move has led to a rise in Chinese stocks and a fall in bond yields, signaling investor confidence in the government's commitment to addressing economic challenges. Analysts anticipate further policy announcements at the upcoming Central Economic Work Conference.