China's President Xi Jinping has reversed his stance on fiscal stimulus, a move that may have significant implications for the country's economy. According to recent reports, Xi has changed his mind on the issue after consulting with economic advisors and experts. The decision is seen as a sign of flexibility from the Chinese leadership, which could lead to increased spending in key sectors such as infrastructure and technology.

Source: https://www.ft.com/content/68bebab0-db45-46b1-973a-3a29f2e59f26