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Trump's win boosts expectations for China's fiscal stimulus announcement

cnbc.com — November 7, 2024, 04:01 AM UTC

Donald Trump's recent presidential win has led to increased expectations for China's fiscal stimulus, which is set to be announced soon. Analysts predict a stimulus package exceeding 10 trillion yuan, aimed at supporting local governments and the real estate sector.

China's economy is under pressure from a real estate slump and weak consumer spending. The potential for Trump to impose higher tariffs could further impact China's exports, prompting the government to consider more aggressive stimulus measures.

While some analysts expect a significant stimulus announcement, others believe China will take a more cautious approach, gradually implementing support over time. The upcoming National People's Congress meeting may provide more clarity on China's economic strategy.

Article metrics
Significance5.5
Scale & Impact5.9
Positivity5.2
Credibility8.5
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Timeline:

  1. [5.0]
    China's top policymakers discuss fiscal stimulus as US election looms (smh.com.au)
    1d 1h

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  2. [5.2]
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    1d 17h

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  3. [4.8]
    US election outcome may influence China's fiscal stimulus plans, analysts say (scmp.com)
    2d 1h
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  4. [4.9]
    China's lawmakers discuss economic stimulus package as U.S. elections approach (nzherald.co.nz)
    3d 0h
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  5. [5.7]
    China plans stimulus package as lawmakers meet to address economic challenges (sg.news.yahoo.com)
    3d 3h

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  6. [5.7]
    China prepares stimulus plans as U.S. elections approach (cnbc.com)
    3d 6h

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