China's Politburo plans increased fiscal spending and interest rate cuts to boost economy

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China's Politburo has announced plans for increased fiscal spending and potential interest rate cuts to boost economic activity. This decision follows a meeting aimed at addressing the country's economic targets as the year ends. Analysts expect a larger fiscal deficit and more special government bonds to support growth. They also anticipate further monetary easing to help stimulate demand amid ongoing economic challenges. The meeting highlighted a strong commitment to policy support, reflecting concerns over domestic demand and external uncertainties, particularly with the upcoming U.S. presidential term.


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