China’s Politburo sets out economic priorities for second half of 2024
Trending Articles- US President Donald Trump says Iran talks to begin Monday after canceling attack
- Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?
- Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets
- Australian Dollar remains calm following Trade Balance data
- WTI holds firm near $77.50 as escalating Middle East tensions threaten oil supply routes
- WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns
China’s Politburo, the country’s top leadership, held a meeting on Tuesday to study the current economic situation, laying out economic priorities for the second half of 2024, the country’s state media reported.
Key takeaways
Unfavorable impacts from changes in external environment are increasing.
Domestic effective demand remains insufficient.
There are still many risks and hidden dangers in key areas.
These are issues in development and transformation.
Macroeconomic policies should continue to be more vigorous and more forceful.
It is necessary to strengthen counter-cyclical adjustments, implement a proactive ficscal policy and prudent monetary policy.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
