Chinese state media continued its extensive focus on the Central Economic Work Conference, which concluded yesterday, establishing economic priorities for 2026. Reports throughout the morning and early afternoon, including those from People's Daily and China Daily, highlighted President Xi Jinping's important speech, emphasizing proactive macro policies, expanded domestic demand, and destocking in the real estate sector. Caixin Chinese reported a record-high destocking cycle for new commercial residential housing in 100 cities. Concurrently, Mexico announced tariffs of up to 50 percent on Chinese goods, coinciding with an impending US trade pact review, as reported by the South China Morning Post. Beijing also proposed themes and priorities for the 2026 APEC 'China Year', with Shenzhen announced as the host city.
