China Stimulus Plan 2024. China’s recent stimulus measures have primarily targeted its monetary policy, which focuses on banks and money supply rather than “spending its way out” of a downturn. After four miserable years, stock market in hong kong and mainland china are finally soaring, but whether benefits from the economic stimulus measures announced in september spread beyond stock.

Most of china’s fiscal stimulus still goes into investment, but returns are dwindling and the spending has saddled local governments with $13 trillion in debt. China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to.