-- Chinese stocks whipsawed amid heavy volumes in Thursday’s morning session as traders awaited the outcome of the government’s planned briefing on fiscal policy due Saturday.From Cleveland to Chicago, NFL Teams Dream of Domed Stadiums
Finance Minister Lan Fo’an is expected to introduce moves to strengthen fiscal policy to shore up growth, and answer questions from reporters on Saturday, according to the State Council Information Office. The ministry “will likely discuss a supplementary fiscal package for the remainder of the year, although it may be modest in size,” Morgan Stanley economists led by Robin Xing wrote in a note. Economists at Societe Generale SA also said the government is unlikely to announce a “super-sized fiscal stimulus” of 5 trillion yuan to 10 trillion yuan in one go.
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