{"id":145037,"date":"2024-12-18T18:00:35","date_gmt":"2024-12-18T16:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145037"},"modified":"2024-12-18T13:53:38","modified_gmt":"2024-12-18T11:53:38","slug":"china-targets-record-deficit-to-bolster-economy-amid-rising-global-pressures","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/china-targets-record-deficit-to-bolster-economy-amid-rising-global-pressures\/","title":{"rendered":"China Targets Record Deficit to Bolster Economy Amid Rising Global Pressures"},"content":{"rendered":"

This aggressive move<\/a><\/strong>, expected to inject 1.3 trillion yuan ($179.4 billion) into the economy through special bond issuances, reflects Beijing\u2019s focus on stabilizing growth amid slowing momentum.<\/p>\n

The economy faces mounting pressures from a property crisis, local government debt, and weakening consumer spending. Even exports, a key strength, are at risk as Donald Trump\u2019s potential return to the White House revives fears of severe trade tariffs on Chinese goods, potentially slashing billions in export revenue.<\/p>\n

Despite these challenges, China is targeting 5% GDP growth for 2025, prioritizing stability over aggressive expansion. The People\u2019s Bank of China has also signaled a shift toward looser monetary policy, with potential rate cuts and liquidity injections. While these measures aim to prevent further economic slowdown, rising debt levels and global uncertainties will test Beijing\u2019s strategy in the year ahead.<\/p>\n