China pledges to expand demand with more proactive polices in 2026

From channelnewsasia.com

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)