China signals potential fiscal stimulus after Trump wins US election

China's National People’s Congress Standing Committee has concluded a week-long session following Donald Trump's election victory. There is growing anticipation for a fiscal stimulus plan to support economic growth. Before the session, expectations were high for a significant stimulus, but details remain limited. A bill for local government debt swaps was reviewed, indicating potential fiscal measures. China's economy has shown signs of recovery, with the purchasing managers' index improving in October. However, the anticipated stimulus may not be as extensive or immediate as previously thought.