China Stimulus News 2024. Beijing says will support indebted local governments Authorities in beijing have ramped up stimulus announcements since late september in an effort to bolster its flagging economy.

China’s recent stimulus measures have primarily targeted its monetary policy, which focuses on banks and money supply rather than “spending its way out” of a downturn. There are rising expectations for more support from china to boost its economy and stock markets — especially after the pboc’s easing announcements on wednesday.