China's regulators are intensifying efforts to stabilize the housing and stock markets, following a meeting of top leaders that emphasized the need for greater stimulus. Measures will include boosting property market demand, enhancing market monitoring, and implementing more effective fiscal policies.The government plans to raise the fiscal deficit target and prioritize lifting consumption to stimulate domestic demand. Despite recent signs of economic recovery, overall confidence remains low, with credit expansion unexpectedly slowing in November, prompting expectations of further monetary easing.
