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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina's GDP growth may be restored to...>
CHINA PRESS: China's GDP growth may be restored to pre-pandemic levels and is
expected to reach 3.1%, according to China Securities Journal. Citing Zhu
Jianfang, the chief analyst with leading state-owned investment bank Citic
Securities, the Journal said the ratio of broad fiscal deficits to nominal GDP
should be around 10%, signalling a more expansionary fiscal policy. The ratio is
higher than estimates by market participants and puts China's fiscal stimulus on
par with those of European countries and the U.S, MNI noted. Zhu estimated that
the fiscal stimulus would boost GDP growth by 5.6 percentage points this year.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.