China's lawmakers discuss economic stimulus package as U.S. elections approach

nzherald.co.nz

China's top lawmakers met on Monday to discuss a significant stimulus package for the economy. This comes after recent measures like rate cuts and easing home-buying restrictions aimed at boosting growth. Investors are disappointed as no specific figures for the stimulus have been announced. Analysts expect a clearer number could emerge from this week's meeting of the Standing Committee of the National People's Congress. The committee, led by Zhao Leji, is responsible for reviewing legislation and budget allocations. The outcome of the U.S. elections may influence the size of the stimulus package.


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