China's Politburo, Chaired by Xi, Commits to Strengthen Fiscal Policy for Economic Recovery

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Source: Bloomberg
China's Politburo, Chaired by Xi, Commits to Strengthen Fiscal Policy for Economic Recovery
Photo: Bloomberg
TL;DR Summary

China's Politburo, chaired by President Xi Jinping, has vowed to strengthen fiscal support and emphasized the importance of economic progress. The meeting supports economists' expectations for a growth goal of around 5% for next year.

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