Analysis-China's monetary volleys miss key threat to economic growth

Published On Sep 25, 2024, 4:48 AM

The article discusses how China's recent monetary policies, while aimed at stimulating growth amid economic challenges, fail to address deeper issues such as rising unemployment and demographic changes. These policies have included interest rate cuts and liquidity support, intended to boost consumption and investment. However, analysts argue that without tackling underlying structural problems, including the reliance on property and manufacturing sectors, these measures may not lead to sustainable economic recovery. The impact of these policies on future growth remains uncertain, primarily due to the lack of confidence among consumers and businesses in the economic outlook.