China Signals Aggressive Stimulus in 2025, Boosting Commodity

Key Summary:
- More assertive policy stance, the first in 14 years
- Announcement of 2025 economic targets this week
- Awaiting clarity on stimulus, US rate cut expectation
Despite not disclosing a concrete target yet, China has given “qualitative” signals indicating that they will be more aggressive next year to achieve higher economic growth.
Context: During the Chinese government’s Politburo meeting this week, it was revealed that the country will reinforce more assertive monetary and fiscal policies in 2025.