China's Politburo Accelerates Economic Stimulus Focused on Housing and Interest Rates

Reported 12 days ago

China's Politburo has intensified its efforts to invigorate the economy through commitments to increase fiscal spending and stabilize the troubled housing market. In a recent meeting, leaders promised decisive action to halt declines in the property sector and implement effective rate cuts, marking a strategic shift in economic policy aimed at reversing a slowdown in growth. These measures come amidst growing economic concerns and are seen as a concerted attempt to boost market confidence and support vulnerable populations.

Source: YAHOO

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