Will China’s fiscal bazooka fire as forcefully as investors hope?

Quick Summary:

As Beijing prioritises stability and development over reflation, investors must reconcile themselves to the realities of Chinese policymaking.

Morgan Stanley believes a policy pivot has occurred but asks whether it is “sufficient to deliver an exit from deflation”.

But even the naysayers admit Beijing has changed the calculus for the performance of Chinese stocks.

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Article Details

Author / Journalist: Nicholas Spiro

Category: Business

Markets: Hong KongChina

Topics: Beijing Forcefully Package Bazooka Investors China’s Fiscal Stimulus Hope Chinese Fire

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 20:30:07 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23460968

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Official Website: scmp.com

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