Reported 13 days ago
China's central bank has initiated aggressive monetary easing measures to stimulate the economy, yet these efforts overlook the crucial issue of persistently weak consumer demand. While liquidity injections and lower borrowing costs have improved market sentiment, analysts argue that fiscal policies targeting consumer spending, such as increased pensions and social benefits, are essential for reviving economic growth. With deflationary pressures and low consumer confidence, the effectiveness of monetary measures is uncertain, leading experts to call for more comprehensive fiscal stimulus.
Source: YAHOO