The Chinese Market Is Pinning Its Hopes On A Massive Stimulus Announcement

Trump has floated tariffs of more than 60% on Chinese goods.Andy Wong/AP PhotoChinese markets rose after Trump's US election victory, despite tariff threats.The markets boost comes as China is reportedly considering a $1.4 trillion debt plan.China has been preparing for a second Trump term, but is limited in what it can do in a trade war.China's stock markets climbed higher on Thursday following Donald Trump's victory in the US presidential election.The rise comes despite campaign pledges from Trump, a China hawk, to slap a 10% blanket tariff on all imported goods.

BING NEWS:
  • China Stimulus Optimism Lifts Emerging Markets After Trump Win
    Emerging-market assets advanced Thursday, lifted by hopes of more stimulus from China and a pause in the US dollar following its election-led surge. Sentiment on emerging markets is calming after ...
    11/7/2024 - 1:41 am | View Link
  • The Chinese market is pinning its hopes on a massive stimulus announcement
    On Thursday, China shares rose with the benchmark CSI 300 Index, closing 3% higher. Hong Kong's Hang Seng Index closed 2% up. Market sentiment was buoyant amid hopes for news of a stimulus plan from ...
    11/6/2024 - 9:16 pm | View Link
  • As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement
    Chinese markets rose after Trump's US election victory, despite tariff threats.The markets boost comes as China is reportedly considering a $1.4 trillion debt plan.China has been preparing for a ...
    11/6/2024 - 8:03 pm | View Link
  • China is boosting market sentiment by playing up hopes for stimulus
    Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space for fiscal policy and monetary policy." ...
    11/4/2024 - 9:35 pm | View Link
  • China's Next Stimulus Package Is Unlikely to Put Market Fully at Ease
    Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the trillions of yuan yet is unlikely to put the market fully at ease.
    11/3/2024 - 11:45 am | View Link
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