1/4
"Chinese policymakers have reiterated their vow to lower mortgage rates and implement new structural monetary tools when necessary, in yet another assurance aimed at highlighting their efforts to stimulate growth."
caixinglobal.com
"Chinese policymakers have reiterated their vow to lower mortgage rates and implement new structural monetary tools when necessary, in yet another assurance aimed at highlighting their efforts to stimulate growth."
caixinglobal.com
2/4
"These policies will target expanding domestic demand, strengthening the real economy, supporting tech innovation, deepening reform and opening up, guaranteeing and improving peopleβs wellbeing."
"These policies will target expanding domestic demand, strengthening the real economy, supporting tech innovation, deepening reform and opening up, guaranteeing and improving peopleβs wellbeing."
3/4
Beijing is in a tough position. It wants urgently to revive growth, but as weak demand has increasingly become the economy's main constraint, the supply-side policies it has long relied upon to support economic activity have become less and less effective.
Beijing is in a tough position. It wants urgently to revive growth, but as weak demand has increasingly become the economy's main constraint, the supply-side policies it has long relied upon to support economic activity have become less and less effective.
4/4
And yet until now Beijing has also insisted that it plans to implement no major "bazooka" stimulus policies. I suspect this resolve is going to be tested in the next month or two.
And yet until now Beijing has also insisted that it plans to implement no major "bazooka" stimulus policies. I suspect this resolve is going to be tested in the next month or two.
Loading suggestions...