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High debt may not be an obstacle to President Xi Jinping boosting spending in the world’s second-largest economy. Officials ...
The unusually large fiscal stimulus is consistent with the extraordinarily severe ... but then came tumbling down once the financial medicine was applied (see Chart 1). The key question for us was how ...
(Bloomberg) -- China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the economy during an escalation in its trade conflict with ...
While the Fed rate path remains a crucial market driver, China’s economy and stimulus goals remain a focal point. Beijing announced plans on Tuesday to boost fiscal spending, driving demand for ...
December copper was treading water on Tuesday trading at $4.36 per pound ($9,610 per tonne) in Chicago. At the end of September copper comfortably scaled $10,000 a tonne after Beijing announced a ...
Market expectation is for fiscal stimulus of 1.5T-2T yuan ($212.27B-$ ... like “somewhat of a warning sign,” and shared this chart: There was a $5.2B inflow into China ETFs for the week ended ...
“We think it points to strong fiscal stimulus, big (interest) rate cut and asset-buying in 2025,” said Xing Zhaopeng, ANZ’s senior China strategist. “The policy tone shows strong ...
In fact, more than $1 trillion made its way into personal bank accounts through direct stimulus payments and advance Child Tax Credits alone. Trillions more reached them indirectly through ...
However, Fishback says he and others are working with lawmakers to get a proposal for the stimulus checks in front ... to speculate on political ideas or fiscal policy," Jerome Powell, chair ...