China Signals More Fiscal Stimulus, Rate Cuts to Boost Economy

China Signals More Fiscal Stimulus, Rate Cuts to Boost Economy

China signaled further stimulus measures including raising its budget deficit ratio in 2025 at a key economic meeting that sets policy priorities for the coming year.

Top officials led by President Xi Jinping also vowed to deliver rate cuts and lower the reserve requirement for banks during a two-day huddle of the Central Economic Work Conference in Beijing, according to China Central Television.

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