Day: September 29, 2026

Beijing vows to boost economic growth as domestic consumption lagsBeijing vows to boost economic growth as domestic consumption lags

Chinese officials vowed to bolster flagging growth as a real estate downturn hampers domestic consumption. Though Beijing has largely resisted economists’ calls for fiscal stimulus, the pressure has piled on policymakers, who signaled today they will move to stabilize the property sector, boost employment, and support household spending, which ING’s ...