( ) -q-20- UNDATED (Correspondent Jeremy House) “of economic growth.” Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing’s monetary policy. [CutID: <Cuts> CHINA-ECONOMY-house-q-FRIam.mp3 Time: 20s Title: CHINA-ECONOMY-house-q-FRIam Out-cue: of economic growth] TAG: Correspondent Jeremy House reporting. ————————- VERBATIM: Analysts […]
Audio
China prepared to double down on support for the economy as Trump tariffs loom
( ) -q-20- UNDATED (Correspondent Jeremy House) “of economic growth.”
Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing’s monetary policy.
[CutID: <Cuts> CHINA-ECONOMY-house-q-FRIam.mp3
Time: 20s
Title: CHINA-ECONOMY-house-q-FRIam
Out-cue: of economic growth]
TAG: Correspondent Jeremy House reporting.
————————-
VERBATIM: Analysts said the broad-brush plans from China’s annual Central Economic Work Conference were more of a recap of current policy than ambitious new initiatives. The ruling Communist Party did commit to raising China’s deficit. Party officials added they would be doing more to encourage consumer spending by bringing wage increases in line with the pace of economic growth.