China Stimulus Package 2024. China’s leadership underwhelmed investors with a seemingly restrained 2024 budget plan. Chinese premier li qiang gave his clearest signal yet that beijing won’t resort to huge stimulus to revive growth amid the worst bout of deflation in decades.
In a document released saturday, the government lays out a plan to overhaul tourism, boost childcare and health services, and create low carbon “smart cities” to help juice spending. Pboc may play supporting role with modest policy easing.