The Central Economic Work Conference ended today with a pledge of more support for consumers and property developers. That’s the second major policy document with a focus on consumers this week. Might we be seeing the emergence of new thinking on stimulus? Otherwise, the main focus this week and over the weeks ahead will remain the spread of COVID within China. The abrupt abandonment of the zero-COVID policy hasn’t just changed the near-term outlook. It also raises questions about how well the government is able to tackle long-run challenges.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services