China Stimulus: Better Luck Next Year

Northern Trust’s latest economic insights analyze China’s policy direction, the evolving role of stablecoins, and the importance of sustaining economic data integrity.  

Key Insights:

• China’s Limited Stimulus: Policymakers set a 5% GDP growth target, increased fiscal spending, and introduced AI investment, but measures fall short of driving a strong recovery.  
• Tariff Pressures on China: With US tariffs now averaging **32% on imports, China faces further export headwinds and potential currency depreciation risks.  
• Stablecoins & Regulation: The US is advancing **stablecoin regulation, aligning it with traditional banking to expand adoption and reduce risks.  
   

For a deeper dive into these critical trends, examine the report.