20Dec
China’s policy shift signals increased economic support in 2025: Fitch
Fitch Ratings expects China’s shift to a moderately loose policy stance in 2025 to increase fiscal and monetary support, with the deficit likely exceeding 7.1 per cent of GDP in 2024.
Key measures include interest rate cuts, reduced reserve ratios, and boosting consumption through expanded trade-in programmes and higher social payouts.
Rising debt remains a concern.
Fitch Ratings expects China’s shift to a moderately loose policy stance in 2025 to increase fiscal and monetary support, with the deficit likely exceeding 7.1 per cent of GDP in 2024.
Key measures include interest rate cuts, reduced reserve ratios, and boosting consumption through expanded trade-in programmes and higher social payouts.
Rising debt remains a concern.
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