China Unveils Comprehensive Economic Stimulus Strategy
TL;DR Summary
China plans to implement further fiscal stimulus measures, including increasing its budget deficit ratio in 2025, as discussed at the Central Economic Work Conference led by President Xi Jinping. The government also intends to deliver rate cuts and lower the reserve requirement for banks to boost the economy.
- China Signals More Fiscal Stimulus, Rate Cuts to Boost Economy Bloomberg
- China stresses plans to boost growth at top agenda-setting meeting CNBC
- China Begins Annual Economic Meeting to Hash Out Stimulus Plan Bloomberg
- China’s economy-boosting rhetoric, Fujian aircraft carrier: SCMP daily catch-up South China Morning Post
- China Eases Overall Monetary Policy Stance for First Time in 14 Years The New York Times
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