China Pledges Fiscal, Monetary Measures
This is a China news story, published by CNBC, that relates primarily to Xi Jinping news.
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President Xi JinpingCNBC
•China vows 'more proactive' fiscal stimulus measures, 'moderately' looser monetary policy
86% Informative
China 's leaders on Monday pledged "more proactive" fiscal measures and "moderately" looser monetary policy next year to boost domestic consumption, according to an official readout of a key policy meeting that outlined upcoming economic priorities. The Politburo , a top decision-making body led by President Xi Jinping , said it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment, the Communist Party's CNBC -translated readout said. This breaking news story is being updated..
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