China Steps Up Its Stimulus
Kelvin Wong, Senior Market Analyst, OANDA
25-Oct-23 07:00
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China is set to unleash fresh fiscal stimulus to shore up its economic recovery by raising its fiscal deficit to 3.8% of GDP from the current 3%. Is this the catalyst that is much needed to turn the Chinese equity market from a bear to a bull? Kelvin Wong, Senior Market Analyst with OANDA tells us.
Image credit: Shutterstock.com
Produced by: Mike Gong
Presented by: Wong Shou Ning, Philip See
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Categories: markets
Tags: Japan's composite PMI, Chinese equity markets, boj,