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China: Shift in policy to strengthen nation's growth
China's economic growth is expected to strengthen on a sequential basis amid the latest stimulus package and with more incremental policies in the pipeline, translating into over 5 percent year-on-year growth in the fourth quarter, analysts and economists said on Sunday. They said a long-awaited policy shift is unfolding for China's economy and markets, as policymakers have pledged to strengthen countercyclical adjustment and step up fiscal policy support. This will include the largest debt resolution support in recent years, with a particular focus on addressing pressing challenges such as the prolonged housing ... (full story)
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- Posted: Oct 14, 2024 12:23am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,831
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