China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth

From cnbc.com

As promised government support is still to meaningfully kick in, China’s economy hasn’t yet seen the turnaround investors have been waiting for. While policymakers have, since late September, cut interest rates and announced broad stimulus plans, details on highly anticipated fiscal support won’t likely come until an annual parliamentary meeting in March. Official GDP figures for 2024 are due Friday. “China’s fiscal stimulus is not yet enough to address the drags on economic growth ... We are cautious long term given China’s structural challenges,” BlackRock Investment Institute said in a weekly report ... (full story)