Marketplace All-in-One China's leaders meet to draw up an economic blueprint
Oct 20, 2025
China's Communist Party meets to strategize amidst sluggish economic growth and falling housing prices. Bolivia's new president prioritizes addressing an economic crisis with pro-business reforms. As the festive Diwali season kicks off in India, rising gold prices force shoppers to reconsider their purchases, leading to changes in budgets and preferences for alternative metals. Reports also touch on the impact of gold exchange programs and digital investments on consumer behavior.
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Slowing Growth And Deflationary Pressures
- China's economy is slowing with third-quarter GDP down year-on-year and falling house and household goods prices.
- Stephen McDonnell says this deflationary trend could drag on domestic demand unless consumption is boosted.
Use Policy To Stimulate Domestic Demand
- The five-year plan can boost consumption by putting more money into households and strengthening social support.
- Stephen McDonnell suggests policies like better childcare and social security to free up spending.
Diwali Buyers Trim Gold Expectations
- Davina Gupta reports shoppers in Delhi face much higher gold prices this Diwali, with some pieces 50% more expensive than last year.
- Customers say they compromise on weight and seek discounts on making charges to afford traditional purchases.