China Signals Shift to Stimulus Amid Economic Pressures Chinese leaders have signaled a major policy shift toward "appropriately loose" monetary policy and "more proactive" fiscal measures to counter potential U.S. trade tariffs and support economic growth. This marks a departure from the 14-year "prudent" stance, prioritizing growth over financial risks despite rising debt levels. Analysts suggest Beijing's willingness to take on more debt underscores its commitment to meeting growth targets, even as uncertainty looms over U.S. tariff policies and the scale of monetary easing required. https://www.reuters.com/world/china/china-ready-go-deeper-into-debt-counter-trumps-tariffs-2024-12-10/ #A Glance of China 行摄中国

Bobby

7 months ago

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China Signals Shift to Stimulus Amid Economic Pressures Chinese leaders have signaled a major policy shift toward "appropriately loose" monetary policy and "more proactive" fiscal measures to counter potential U.S. trade tariffs and support economic growth. This marks a departure from the 14-year "prudent" stance, prioritizing growth over financial risks despite rising debt levels. Analysts suggest Beijing's willingness to take on more debt underscores its commitment to meeting growth targets, even as uncertainty looms over U.S. tariff policies and the scale of monetary easing required. 
 
reuters.com/world/china/c..

 #A Glance of China 行摄中国

www.reuters.com

China ready to go deeper into debt to counter Trump's tariffs

In one of their most dovish statements in more than a decade, Chinese leaders signalled they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade tariffs on next year's economic growth.