China's Finance Minister suggests stimulus measures with increased debt and fiscal deficits to support low-income, banks, and property market.

China's Finance Minister Lan Fo'an announced potential economic stimulus measures, indicating a capacity to increase debt and fiscal deficits to support low-income individuals, state banks, and the struggling property market. While he promised future counter-cyclical measures and emphasized flexibility in fiscal policy, specific details regarding the size and timing of the stimulus package remain unclear, leaving investors uncertain.

October 12, 2024
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