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

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.

This story is from the December 10, 2024 edition of Financial Express Chandigarh.

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This story is from the December 10, 2024 edition of Financial Express Chandigarh.

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