Bus ushers pose for photos ahead of the opening session of the National People’s Congress meeting at the Great Hall of the People in Beijing, on March 4. The Chinese government will step up tax cuts and increase infrastructure spending to stabilise the sagging economy, Premier Li Keqiang said in his annual work report at the meeting. Photo: AP
Patrik Schowitz
Opinion

Opinion

Macroscope by Patrik Schowitz

China’s stimulus plan will lift the economy, just not right away

  • Despite the gloom of a slowdown as the impact of a trade war with the US hits, the raft of policy measures Beijing is taking is boosting market optimism. The strong rally in the stock market may well signal the economic cycle is ready to turn

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Bus ushers pose for photos ahead of the opening session of the National People’s Congress meeting at the Great Hall of the People in Beijing, on March 4. The Chinese government will step up tax cuts and increase infrastructure spending to stabilise the sagging economy, Premier Li Keqiang said in his annual work report at the meeting. Photo: AP
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