A recent high-level coordination meeting between China’s financial and monetary authorities has heightened expectations among market observers that additional stimulus measures could be introduced this year to support economic expansion and strengthen the bond market. n nOfficials from the Ministry of Finance and the People’s Bank of China, led by Vice Finance Minister Liao Min and PBOC Deputy Governor Zou Lan, formed a joint task force to enhance policy alignment. The group emphasized their commitment to closer collaboration in addressing current economic challenges, according to an official statement released Wednesday evening. n nSuch coordinated efforts between fiscal and central banking leadership are uncommon, making this development particularly notable. Analysts interpret the move as a signal that Beijing may be preparing to roll out targeted easing initiatives, potentially including increased government spending or monetary accommodation, to help revive growth momentum amid ongoing domestic and global headwinds. n
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Rare Chinese Huddle on Policy Stokes Talk of Economy, Bond Boost
A rare meeting of Chinese fiscal and monetary policymakers has prompted speculation among analysts that easing measures are on the cards that will bolster the bond market and economic growth this year. n nA joint working group of officials led by Vice Finance Minister Liao Min and People’s Bank of China Deputy Governor Zou Lan met recently and pledged closer cooperation in support of the economy, according to a government statement late Wednesday.