China’s Fiscal Expansion: Boosting Domestic Demand Amid Falling Exports
Facing declining exports due to de-globalization, China is ramping up government spending to boost domestic demand and fuel economic growth.
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Facing declining exports due to de-globalization, China is ramping up government spending to boost domestic demand and fuel economic growth.
China’s leadership held a key symposium to gather insights on the nation’s economic situation and plans for 2025, emphasizing collaboration and diverse perspectives in shaping the economic future.
China’s consumer prices rose by 0.2% in November, while producer price declines slowed, indicating a stabilizing economy driven by increased domestic demand and effective policy measures.
Former Belgian Prime Minister Yves Leterme compares free trade to oxygen, emphasizing its vital role in global economic growth and warning against protectionism.
China’s economy is showing significant recovery as new stimulus measures boost retail, investment, and market confidence. Key sectors are bouncing back, signaling renewed growth.
President Xi Jinping emphasizes high-quality development for China’s economy, focusing on innovation, sustainability, and improving people’s lives.
China unveils a five-year plan to transform its property insurance industry, promoting innovation, opening markets to global investors, and enhancing risk management strategies.
China is broadening its financial markets, making it easier for foreign investors and boosting the global role of its currency, the renminbi (RMB). This marks a significant step toward a more integrated global financial system.
China’s financial sector is booming after government initiatives to open up the industry. Experts say the internationalization of China’s currency shows these efforts are working.
China has allocated 1 trillion yuan ($139 billion) in special treasury bonds to fund major projects like infrastructure and agriculture, aiming to boost national development.