Reported about 1 month ago
China's top legislative body will convene from November 4-8, coinciding with the US presidential election, to review financial reports and proposed laws, while investors anticipate potential fiscal stimulus to rejuvenate the slowing economy. The session's agenda includes measures to refinance local government debt and possibly issue new bonds to bolster bank capital. However, analysts remain divided on whether substantial fiscal support will be announced this year, reflecting varying expectations in the financial markets.
Source: YAHOO