China's Minister of Finance Lan Fo'an is scheduled to hold a highly anticipated press conference on Saturday on measures to support the economy.
Analyst projections for how much fiscal stimulus is needed range from around 2 trillion yuan to more than 10 trillion yuan. Ting Lu, chief China economist at Nomura, cautioned in a note Thursday that any such stimulus would typically need approval by China's parliament, expected to hold a meeting later this month. He added that how any funds are used is just as important as the amount that's delivered — whether they only go to shoring up
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: