November 16, 20240 Comments

Is the latest stimulus enough to generate inflation? By Investing.com

Investing.com — Recent economic data from China indicates that the country’s inflation remains subdued despite new stimulus measures aimed at boosting demand.  As per Citi Research, October’s Consumer Price Index rose 0.3% year-on-year, meeting their forecast but falling below the market expectation of 0.4%.  The Producer Price Index contracted by 2.9% year-on-year, a sharper decline than anticipated.  Both metrics underline a broader challenge in igniting inflation through the current stimulus

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November 11, 20240 Comments

Asia stocks fall as China stimulus disappoints, deflation persists By Investing.com

Investing.com– Most Asian stocks fell on Monday (NASDAQ:) as fresh fiscal stimulus from China largely underwhelmed, while data over the weekend showed deflation in the country remained in play.  Regional markets brushed off a strong lead-in from Wall Street, which rose on Friday and remained at record highs amid persistent optimism over a Donald Trump presidency. U.S. stock index futures rose in Asian trade, with focus turning to upcoming inflation

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November 11, 20240 Comments

China schedules meeting expected to reveal fiscal stimulus details

A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023. Jade Gao | Afp | Getty Images BEIJING — China’s parliament will hold a highly anticipated meeting Nov. 4 to 8, state media said Friday, according to a CNBC translation. Investors have been awaiting news of the gathering of the standing committee of the National People’s Congress, which is expected to announce details

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