China's surprise pledge sends commodities soaring

December 10, 2024-China's surprise pledge that it would do more to boost the economy sent commodities and mining stocks soaring on Tuesday, amid expectations that Beijing will finally deliver the stimulus that the market had been hoping for.

China's politburo said overnight that it would embrace a "moderately loose" stance for monetary policy next year, its biggest pivot in strategy since the aftermath of the global financial crisis in 2009.

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China's Economy Has Not Peaked

January 7, 2025--Chinese policymakers should allow for a more market-driven allocation of land, money, and labor.
Summary
China's GDP is growing. Youth unemployment is down. And the property-market crisis is moderating. But the economy's dynamism is missing.

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