Why Xi Jinping changed his mind on China’s fiscal stimulus

Chinese President Xi Jinping wants the country to focus on ‘new productive forces’, yet gloomy economic data and fear of missing his growth target could make this goal harder.
Arkivfoto: Carlos Barria/Reuters/Ritzau Scanpix — Chinese President Xi Jinping wants the country to focus on ‘new productive forces’, yet gloomy economic data and fear of missing his growth target could make this goal harder. Arkivfoto: Carlos Barria/Reuters/Ritzau Scanpix

Article republished from Financial Times

Joe Leahy in Beijing, Edward White in Shanghai and Cheng Leng in Hong Kong from Financial Times

23. okt. 2024 KL. 16.19

Gem til senere

After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?

Artiklens hovedpointer

Børsens chefredaktør Nikolaj sommer anbefaler denne artikel fra Financial Times fordi:
Artiklen gennemgår baggrund og perspektiver for de stimuluspakker, som Xi Jinpings styre lige nu pumper ud i den kinesiske økonomi.

While most people in China spent the weeklong national holiday this month enjoying the cooler autumn weather, brokers in Shanghai were stuck in their offices conducting a sector-wide stress test of their trading systems.

NÆVNTE EMNER: Financial Times