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China’s Economy Starts 2025 Strong, Authorities Aim to Maintain Confidence
China’s Economy Starts 2025 Strong, Authorities Aim to Maintain Confidence
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China’s economy has started 2025 on a strong note, with Beijing determined to keep it that way. The main goal now is to raise confidence across both businesses and households. Huang, an official, stated that the government has made it clear that both fiscal policy and monetary policy can step up if needed. He described the economy’s current state as ’reasonably good’ and mentioned that any new actions would be data-driven, without specifying targets or timelines. Despite pressure to stimulate growth, China has avoided aggressive actions such as interest rate cuts, major liquidity injections, or changes to the reserve requirement ratio for banks.
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