China plans relaxed monetary policy and fiscal measures to boost growth in 2025
China plans to implement a more relaxed monetary policy and proactive fiscal measures in 2025 to boost economic growth. This shift follows a meeting of top Communist Party officials, aiming to enhance domestic demand and consumption. The new policy marks the first easing since late 2010. It comes as China faces economic challenges, including a struggling housing market and potential tariffs from the incoming U.S. administration. Recent measures include a significant debt package to support local governments. However, the focus has largely remained on manufacturing and exports rather than directly stimulating consumer demand.