China has pledged to continue to exert a “more proactive” fiscal policy and “moderately loose” monetary policy next year.
After a meeting of the 24-member Politburo that ended on Monday, the major decision-making body of the ruling Communist Party said the country would “seek progress while maintaining stability and pursue higher quality and greater efficiency in next year’s economic work.”
Historically, the Politburo’s December meeting has been closely followed by the annual central economic…
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