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China expected to announce stimulus package

08/11/24
Sky News Australia
Dans Asie / Australie

The conclusion of the National People's Congress Standing committee is today with focus on whether a big stimulus package will be announced. It’s under pressure to use its toolkit of policies to cushion the blow of a second Trump presidency which has taken its toll on Chinese assets over the past few days. Reuters suggests China is weighing approving over 10 trillion yuan in additional borrowing in the coming years.

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