China plans relaxed monetary policy to boost economy in 2025
legit.ng —
Chinese leaders, including President Xi Jinping, announced plans for a more relaxed monetary policy in 2025 to stimulate the economy. This shift aims to address sluggish domestic consumption and challenges in the property sector. The Politburo emphasized the need for active fiscal measures and improved investment efficiency. Recent data showed consumer price growth slowed in November, highlighting ongoing economic concerns. Beijing has implemented various measures since September, such as cutting interest rates and easing homebuying restrictions. Leaders also pledged to intensify anti-corruption efforts within the government and military.