China Politburo Shifts Stance on Property, Keeps Fiscal Language

China’s Communist Party Politburo, its top decision-making body, held a key meeting Monday to discuss economic policy. An official readout shows a shift in tone toward the property market and more recognition of economic risks. Language around monetary and fiscal policy was kept largely unchanged.

(Bloomberg) — China’s Communist Party Politburo, its top decision-making body, held a key meeting Monday to discuss economic policy. An official readout shows a shift in tone toward the property market and more recognition of economic risks. Language around monetary and fiscal policy was kept largely unchanged.

Here’s a look at the different phrasing used in the statements from the past two meetings:

 

 

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