The Beijing Hour

Stimulus policies stabilize floor, lift ceiling: analyst

Sep 27, 2024
Shigeru Ishiba, a prominent politician in Japan and recently elected leader of the ruling party, discusses his aspirations to become the next prime minister. He delves into the shifting political landscape in Japan and the implications of his leadership. The conversation also touches on China's robust economic stimulus measures aimed at reviving the housing market and supporting private businesses, which analysts believe will instill confidence in the economy. Additionally, there's a mention of China's intent to strengthen global partnerships amid rising geopolitical tensions.
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INSIGHT

Stimulus Policies

  • Recent stimulus policies aim to stabilize the Chinese economy's foundation.
  • They also strive to raise the overall economic ceiling.
INSIGHT

Private Sector Support

  • The private sector suffered losses after COVID-19, the Chinese government is helping them.
  • Concrete policies include tax rebates, subsidies, and subsidized interest rate loans.
ANECDOTE

French Investment in China

  • French companies initially came to Guangdong for sourcing and trading.
  • Now, they're drawn to the Greater Bay Area's innovation, supply chains, and skilled workforce.
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