Citigroup Sees China's Larger Fiscal Stimulus Going Into 2025

The transcript discusses the economic challenges faced by consumers, emphasizing the need for a larger fiscal stimulus focused on consumption. It highlights the potential for targeted subsidies and the implications of budget deficits. The discussion also covers industrial output, trade policy, and the impact of monetary policy shifts on market reactions. The importance of fiscal policy in driving economic growth amidst deflationary pressures and a declining housing market is underscored.

What are the expected fiscal stimulus measures going into 2025?

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How do global headwinds affect consumer confidence according to the text?

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What is the anticipated impact of housing prices on consumer confidence?

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What are the implications of the declining property prices mentioned in the text?

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What concerns are raised about direct consumer handouts in Beijing?

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What does the text suggest about the relationship between monetary policy and fiscal policy?

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How does the text describe the current state of consumer borrowing in China?

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