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Chinese policymakers are expected to intensify policy support for economic stability in response to downward pressures on growth next year, analysts said. They expected policymakers to take more steps to shore up growth next year, including increasing countercyclical adjustments and enhancing cross-cyclical adjustments. Their comments came after a meeting of the Political Bureau of the ...

Chinese policymakers are expected to intensify policy support for economic stability in response to downward pressures on growth next year, analysts said on Tuesday.

China’s central bank announced on Monday a 50 basis-point universal cut in the reserve requirement ratio (RRR) for financial institutions, effective from December 15, which would inject 1.2 trillion yuan ($188.3 billion) in long-term liquidity into the economy, as the country’s top leadership stressed stability in economic development in 2022 at a tone-setting meeting on ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

China's GDP expanded 4.9 percent in the third quarter of 2021, slowing from previous quarters amid rising economic challenges including a power crunch and the global supply chain bottleneck. The growth is slightly lower than market expectations which put it at 5 percent.