Reported 3 days ago
China's leadership has indicated a significant change in economic policy for 2025, moving towards a 'moderately loose' monetary stance and pledging increased fiscal spending, responding to pressures from rising trade tensions as Donald Trump prepares to assume office. Leaders emphasized the need to bolster consumption and stabilize the stock market, hinting at measures like enhanced fiscal deficits and potential bond issuances to shore up the economy amid prolonged deflationary pressures.
Source: YAHOO