Posted on 12/18/2024 12:50:00 PM PST by nickcarraway
Biggest loosening in 14 years likely just the beginning as Beijing braces for Trump’s sky-high tariffs to come
President Xi Jinping says he has “full confidence in achieving this year’s economic growth target” and in China “continuing to play its role as the world’s largest economic growth engine.” Global markets seem less sure, though. Pledges this week for bold new stimulus steps by China’s Politburo barely got global investors’ attention. On Monday, Beijing
(Excerpt) Read more at asiatimes.com ...
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