Earlier from China:
That number is of intense focus and now its out not much has happened!
There has been a barrage of headline from China, most notable being:
- 2025 economic growth target is 'around 5%'
- 2025 CPI target is around 2%
- will issue 1.3tln yuan in ultra-long special T bonds in 2025 (was 1tln in 2024)
- will adopt a more pro-active fiscal policy
- will ensure stability in property and stock markets
- China's consumer trade-in stimulus left at 300b yuan (up 800bn was hoped for)
