bullish

China's Stimulus Rollout Shows Signs of Gaining Steam

301 Views01 Aug 2023 14:12
SUMMARY
  • Worried by a worsening economy, Beijing is expanding stimulus measures with incentives to consumers to buy big-ticket items and assuaging private entrepreneurs’ fears of policy biases against them.
  • Tentative moves to loosen hukou restrictions in Zhejiang suggest a newfound willingness to tackle politically-sensitive reforms to bolster long-run growth.
  • Policymakers’ hopes seem to be for a better-managed but slower pace of growth that is in line with China’s demographic and other fundamentals.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Logo
Manu Bhaskaran
Asia Economist and CEO
Centennial Asia Advisors
Multi-AssetMacroeconomicsThematic (Sector/Industry)
x