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China Stimulus:

Xi’s Economic Boost
Monetary Policy Shift
Strained Economy
China’s Property Mess
BackForward
Economics


XI SAYS CHINA’S 2024 GDP GROWTH SET TO HIT TARGET OF AROUND 5%

 * Top leader says economy, employment and prices overall stable
 * Xi reaffirms plan to adopt stronger pro-growth policies

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By Bloomberg News
December 31, 2024 at 7:06 AM GMT+1
Updated on
December 31, 2024 at 8:25 AM GMT+1
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China’s gross domestic product is expected to expand around 5% for the full year
of 2024, President Xi Jinping said, signaling the world’s second-largest economy
is on track to meet its official target.

China’s economy was “overall stable and progressing amid stability,” Xi said at
a new year event on Tuesday, according to a speech published by the official
Xinhua News Agency. Risks in key areas were effectively addressed, while
employment and prices remained steady, he said.

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