China Needs 'More Creative Policies' to Boost Economy, Hao Hong Says
December 13, 2024 at 04:21 am
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China has signaled increased public borrowing and spending in 2025 to boost consumption and repair the economy's weak link. According to Grow Investment Group's Hao Hong, "even though we are seeing some positive signs from the conference and consumption is indeed one of the first priorities that the government is trying to address, more creative policies need to be seen for the market to have comfort."