China vice finance minister says to expect more proactive fiscal policy this year

• We can expect more proactive fiscal policy in 2025, in terms of strength, efficiency and timing
• To speed up fiscal spending in a bid to formulate actual spending
• China’s fiscal policy has abundant policy room and tools
• China has relatively big room of raising debt and deficit

Once again, this is all very on the surface from Beijing. Unless there are concrete details, it might be tough to bolster sentiment again after the stuttering start to the new year.

This article was written by Justin Low at www.forexlive.com.