China vows bigger fiscal spending for economy
Financial Express Hyderabad|December 13, 2024
BEIJING EYES BIGGEST RATE CUTS IN 10 YRS
- BLOOMBERG

CHINA SIGNALED MORE public borrowing and spending in 2025 with a shift of policy focus to consumption, stepping up stimulus to recharge growth ahead of looming US tariffs.

Top officials led by President Xi Jinping vowed to raise the fiscal deficit target next year in an announcement made following a two-day huddle of the Central Economic Work Conference in Beijing, according to China Central Television. Policymakers will also deliver cuts to interest rates and the reserve requirement ratio for banks "at an appropriate time," it said.

この蚘事は Financial Express Hyderabad の December 13, 2024 版に掲茉されおいたす。

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この蚘事は Financial Express Hyderabad の December 13, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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