0851 GMT - Chinese monetary easing is still on the way and existing plans for fiscal spending should be accelerated, Capital Economics analysts write in a note. The April Politburo meeting notes reserve policies would be implemented as needed, signaling that authorities are ready to provide more support if U.S. tariffs end up being worse than expected, they say. The communique acknowledged that external shocks have intensified and that officials should have contingency plans in place for the worst-case scenario--potentially a hard decoupling with the U.S. That said, the readout indicates Beijing's confidence that progress has been made on boosting the Chinese economy, Capital Economics says. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
April 25, 2025 04:51 ET (08:51 GMT)
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