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China pledges to expand demand with more proactive polices in 2026
China will keep expanding domestic demand and support the broader economy with more proactive policies in 2026, the Politburo, a top decision-making body of the Communist Party, was cited as saying on Monday (Dec 8) by state media Xinhua. The remarks about a "more proactive fiscal policy" and "appropriately loose monetary policy" point to a high budget deficit, debt issuance and additional rate cuts next year to reach a growth target likely to remain at around 5 per cent, analysts said. China will make efforts to "stabilise jobs, firms, markets and expectations" to achieve a good start for the next five-year plan, ... (full story)
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