China's leaders outline economic strategies for 2025 at key conference

sg.news.yahoo.com

China's leaders are meeting to discuss economic plans for 2025, focusing on boosting growth amid weak domestic demand and potential trade tensions with the U.S. The Central Economic Work Conference is expected to run through Thursday. Recent meetings have indicated a shift towards a "moderately loose" monetary policy, moving away from the "prudent" approach of the past decade. This change aims to support consumer spending and address challenges in the property sector. Beijing has already implemented measures like interest rate cuts and eased homebuying restrictions. However, analysts note that more specific policies are needed to effectively stimulate consumer confidence and spending in the coming year.


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