October 25, 2024 07:58 GMT
CHINA: Standing Committee to Meet From Nov 4th
CHINA
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- China's National People's Congress Standing Committee are set to meet from November 4th - 8th, according to Xinhua, cited by Bloomberg.
- It's at this meeting that markets may receive some specifics on additional fiscal spending to accompany the latest stimulus drive - this is slightly later than expected (end-Oct had been the speculation). Further headlines suggesting China's committee are to review the appointment and removal of officials also suggests fiscal may not be the sole focus of the committee meeting - part market focus should remain regardless.
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