China Stimulus 2024 Lok. Fiscal spending in 2024 will be maintained at a “necessary intensity,” ministry of finance officials said thursday. Industrial production likely to remain a major growth driver;
There are rising expectations for more support from china to boost its economy and stock markets — especially after the pboc’s easing announcements on wednesday. The country’s premier announces a round of fiscal stimulus to boost employment, but warns its legions of bureaucrats to gird themselves for a period of fiscal austerity.