Comment on The Chinese market is pinning its hopes on a massive stimulus announcement

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.

 

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