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China Steps Up Its Stimulus
China is set to unleash fresh fiscal stimulus to shore up its economic recovery by raising its fiscal deficit to 3.8% of GDP from the current 3%. Is this the catalyst that is much needed to turn the Chinese equity market from a bear to a bull? Kelvin Wong, Senior Market Analyst with OANDA tells us.
Image credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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By BFM Media
3.5
22 ratings
China is set to unleash fresh fiscal stimulus to shore up its economic recovery by raising its fiscal deficit to 3.8% of GDP from the current 3%. Is this the catalyst that is much needed to turn the Chinese equity market from a bear to a bull? Kelvin Wong, Senior Market Analyst with OANDA tells us.
Image credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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