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CHINA PRESS: China Chief Economists Expect Further Stimulus

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Chinese chief economists expect additional fiscal stimulus after the central bank unveiled monetary easing and the politburo called for increasing countercyclical measures, Securities Daily reports. Authorities are likely to announce more incremental policies to achieve the annual economic and social development goals in Q4, said Chen Li, chief economist at Sichuan Cai Securities. Officials may issue additional treasury bonds in the final quarter and relax the use of ultra-long-term special treasury bonds and local special bonds.

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Chinese chief economists expect additional fiscal stimulus after the central bank unveiled monetary easing and the politburo called for increasing countercyclical measures, Securities Daily reports. Authorities are likely to announce more incremental policies to achieve the annual economic and social development goals in Q4, said Chen Li, chief economist at Sichuan Cai Securities. Officials may issue additional treasury bonds in the final quarter and relax the use of ultra-long-term special treasury bonds and local special bonds.