China Eyes Economic Goals for Next Year as Debt Levels Soar
- Annual economic work conference likely to convene this week
- Analysts are watching for signals on monetary, fiscal policy
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China’s leaders are likely to convene this week to lay out their economic priorities for 2021, with analysts expecting a renewed focus on slowing the pace of debt growth and insulating the economy from tensions with the U.S.
The annual Central Economic Work Conference follows a year in which China loosened fiscal and monetary policy in response to the coronavirus pandemic, giving the economy a boost once it exited lockdown and helping support a gradual global recovery.