✉news BusinessEconomy first seen 5 h ago, last 5 h ago, peak #10
China's cabinet pledges stronger policy support for growth target
Original: China’s cabinet pledges stronger policy support to meet growth target
China's State Council, the country's cabinet, has pledged to strengthen policy support aimed at ensuring the government meets its economic growth target for the year. The commitment signals Beijing's readiness to roll out additional fiscal and monetary measures if growth falters, and comes as observers watch closely for concrete stimulus steps to bolster the world's second-largest economy.
Why now: Markets and analysts are watching for signs of fresh Chinese stimulus as growth pressures mount.
Evidence
- China’s cabinet pledges stronger policy support to meet growth target · The Mighty 790 KFGO
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