Saturday Sep 28, 2024
China’s Economic Dilemma: Politburo Signals Urgent Need for Fiscal Action
In this episode, we analyze the recent Politburo meeting's call for increased fiscal policy and government investment to stimulate China's economy. We discuss the implications of the early September economic conference, where the CCP acknowledged significant challenges, including declining industrial output and rising unemployment. Additionally, we explore the newly proposed 'twenty-four Articles' measures aimed at addressing employment issues for vulnerable demographics. Join us as we unpack these critical developments and their potential impact on China's future and global politics.
Sources:
https://www.yicai.com/video/102290334.html
https://www.ntdtv.com/gb/2024/09/27/a103917465.html
https://www.epochtimes.com/gb/24/9/27/n14339311.htm
https://m.21jingji.com/article/20240927/13ea6abe46d70ae694f44d6fa95dbc44.html
Outline:
(00:00:00) Introduction
(00:00:44) The Politburo Meeting releases heavy signals! It is required to increase fiscal policy, maintain necessary fiscal expenditure, and better play the role of government investment drive
(00:02:53) The Politburo Rare September Economic Conference CCP is trapped in dual dilemma | China Economy | Zhongnanhai | Politburo Economic Conference
(00:05:11) Multiple abnormal experts of the Political Bureau of the Communist Party of China analyzed the dilemma of the Political Political Classics | Lie flat | China Economy
(00:07:05) The meeting of the Central Political Bureau emphasizes the "twenty -four Articles" measures of key groups.