As China’s economic growth slows, stable monetary and fiscal policy remain the top priorities for 2022. Beijing is also expected to focus more on housing, pronatalist incentives and ‘tertiary distribution’ under its new Common Prosperity policy From 8-10 December, Chinese leaders convened their annual Central Economic Work Conference (CEWC). The read-out of the conference stresses the urgent need to address ‘three pressures’: shrinking demand, supply shocks, and a weakening economic …
