Tag #Politburo

"How does China's announced shift in monetary and fiscal policy compare to its approach in previous years, and what factors are driving this change?"

"The shift to a 'moderately loose monetary policy', a significant change since 2011, suggests potential for interest rate and reserve requirement ratio cuts by the central bank. A more proactive fiscal policy likely indicates increased focus on consumer spending and the real estate sector, aiming to counter economic uncertainties."