China’s Politburo sets out economic priorities for second half of 2024
Trending Articles- WTI Oil pulls back as Hormuz supply worries ease, Iran-US tensions keep volatility high
- Trump says US to help ships stranded in Strait of Hormuz as tanker hit by projectiles
- Bitcoin Price Forecast: BTC hits three-month high on derivatives-led surge
- Australian Dollar holds losses ahead of RBA policy decision
- Gold holds steady near $4,600 as Fed rate decision looms
- Crypto Overview: Toncoin, Terra Classic rise by double digits as Bitcoin grips $80,000
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.
