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Podcast  >  Morning Run  >  Market Watch  >  China Steps Up Its Stimulus

China Steps Up Its Stimulus

Kelvin Wong, Senior Market Analyst, OANDA

25-Oct-23 07:00

China Steps Up Its Stimulus

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 PMIChinese equity marketsboj





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