Ep 11 - Trivium Markets - Key takeaways from the Central Economic Work Conference

In the final weeks of each year, the Party convenes the Central Economic Work Conference (CEWC) – a gathering of China’s top economic policymakers – to hammer out the economic agenda for the year ahead.In this podcast, our last for 2024, Trivium Co-founder Andrew Polk and Dinny McMahon, Head of Markets Research, discuss what we learned from this year’s CEWC.We didn’t have high hopes for the readout from the CEWC.The summary typically gives away very little.But the document was a little meatier than usual this year.Andrew and Dinny discuss:How authorities will try to boost consumptionFiscal and monetary policy plans for the year aheadTheir thoughts on the leaked GDP growth and budget deficit targets for 2025