China concludes planning meeting with commitment to boost economy but lacks stimulus details

Chinese leaders concluded a two-day planning meeting in Beijing, promising a more proactive approach to boost the economy. However, they did not provide specific details on new stimulus measures. The meeting reiterated earlier strategies, including a commitment to a "moderately loose" monetary policy and increased fiscal spending. Leaders aim to stabilize the property market and enhance consumer spending amid ongoing economic challenges. Recent policies have encouraged spending, particularly in the auto sector, which saw a 17.5% sales increase in November. While exports show strength, rising tariffs and a slow recovery in the property market remain concerns.