China Disappoints With Latest “Bare Minimum” Stimulus As It Waits For Trump Tariffs There are three certainties in life: death, taxes and China stimulus disappointing. For the latest example look no further than the plan revealed this morning by the National People’s Congress Standing Committee, which approved a 10 trillion yuan ($1.4 trillion) debt swap package for local authorities to refinance “hidden” local debt onto public balance sheets. Funds for that program – telegraphed last month but without a price tag or timeframe – will be provided through 2028, they said, after the move was authorized by the nation’s top lawmaking… — Continue at ZeroHedge News : Read More
Home » China Disappoints With Latest “Bare Minimum” Stimulus As It Waits For Trump Tariffs – Tyler Durden