China signals bolder stimulus as Trump returns to power
Financial Express Chennai|December 10, 2024
Shift from 'prudent' strategy to come after 14 years
BLOOMBERG December 9
China signals bolder stimulus as Trump returns to power

CHINA'S TOP LEADERS signaled bolder economic support next year using their most direct language on stimulus in years, as Beijing braces for a trade war when Donald Trump takes office.

President Xi Jinping's decision-making Politburo vowed to embrace a "moderately loose" monetary policy in 2025, signaling more rate cuts ahead and shifting from a "prudent" strategy that's held for 14 years.

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