Reported about 5 hours ago
China's finance minister, Lan Fo'an, is set to hold a briefing on fiscal policy aimed at stimulating the economy, with investors eager for additional measures to counteract a slowdown. This comes as the country's stock market experiences volatility following disappointing stimulus announcements from economic planners. Analysts are anticipating significant fiscal spending, with estimates ranging from 2 to 3 trillion yuan to boost local government financing and infrastructure investments, following recent monetary easing efforts.
Source: YAHOO