China outlines growth strategies and signals stronger economic policies for 2025
Chinese leaders have reaffirmed their commitment to reviving the nation’s economy by unveiling plans for a more aggressive fiscal policy and moderate monetary easing during a high-level economic planning meeting that concluded on Thursday. The gathering, led by President Xi Jinping, highlighted the government’s determination to stabilize growth amid mounting external pressures and internal challenges. State-run CCTV reported on the meeting after the mainland stock market had closed. The iShares China Large Cap ETF (FXI) saw a brief rise of 0.8% in premarket trading before paring back gains. The annual economic conference emphasized the need for increased government spending, a…
