BEIJING — China's top lawmakers gathered on Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.
BEIJING — China 's top lawmakers gathered on Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.Beijing has in recent months heeded calls to step up support for the economy after years of inaction, announcing a raft of measures including rate cuts and the easing of some home-buying restrictions.
Both candidates in the race have pledged to get tougher on Beijing, with Trump promising tariffs of 60 percent on all Chinese goods coming into the country.'Major challenges'Nomura economists expect Beijing to adjust the size of its stimulus depending on the outcome.'In our view, the size of China's fiscal stimulus package would be around 10 to 20 percent bigger under a Trump win than under the scenario of a Harris win,' Lu wrote.
Polls May Impact China Stimulus Plan
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