Business Standard

China to set economic plans amid shift from Covid Zero policy to growth

China's abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy

Photo: Bloomberg
Premium

On Thursday, the Chinese government will also release monthly economic data for November, (Photo: Bloomberg)

Bloomberg
China’s abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy and more easing in the property market to bolster growth. 
 
That’s the view from economists, who expect President Xi Jinping and his officials to flesh out policy objectives for the coming year at the Central Economic Work Conference taking place this week. A target for next year’s growth will also likely be discussed, although it won’t be disclosed until March, during the annual legislative meeting.  

The Communist Party’s new Politburo, stacked with Xi’s allies after

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in