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CHINA PRESS: Markets Should Temper Fiscal Stimulus Expectations - Analysts

CHINA PRESS

Market investors should manage their expectations for additional fiscal stimulus, as the current priority is to make good use of existing proactive fiscal policies, while any additional issuance of treasury bonds or special treasuries will need to wait until late October to be passed by the Standing Committee of the National People's Congress, Yicai.com reported citing analysts. The possibility of issuing another CNY1 trillion special treasuries would increase should downward pressure rise in Q4, the newspaper said citing analysts.

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Market investors should manage their expectations for additional fiscal stimulus, as the current priority is to make good use of existing proactive fiscal policies, while any additional issuance of treasury bonds or special treasuries will need to wait until late October to be passed by the Standing Committee of the National People's Congress, Yicai.com reported citing analysts. The possibility of issuing another CNY1 trillion special treasuries would increase should downward pressure rise in Q4, the newspaper said citing analysts.