BFM Podcast

China Steps Up Its Stimulus

Tan KW
Publish date: Wed, 25 Oct 2023, 10:51 AM
China Steps Up Its Stimulus

25-Oct-23 07:00

Kelvin Wong, Senior Market Analyst, OANDA

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

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