China’s Politburo sets out economic priorities for second half of 2024
Trending Articles- $4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US Dollar
- Gold Price Forecast: Gold Price Falls Below $4,000, PCE Data May Push Gold Down to $3,900
- Gold Price Trend Forecast: Gold Price Risks Falling Below $4,000, PCE Data Is Key
- Bitcoin network activity hits new high despite stalled prices — CryptoQuant
- WTI Price Forecast: Trades above $75.50 on Iran uncertainty; 200-day SMA holds the key
- Deutsche Bank Slashes Gold Price Forecast by 22%: Wall Street Bulls Retreat, Fed Rate Hike Expectations Become Biggest Drag
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.
