China's Delayed Economic Stimulus Package: Where Did It Go? 🇨🇳💸
There were recent rumors about a major economic stimulus package being approved in China, but according to Shehzad Qazi, Director of Operations at China Beige Book, those expectations have been dashed. 📉
Qazi stated in a CNBC interview that the idea of a large stimulus has proven to be false, with China opting to save its financial tools for future stability rather than launching large-scale interventions now. While some export orders increased, driven by fears of US tariffs, this growth was more about strategic adjustments than sustainable expansion. 📊
Key Takeaways:
-No major Chinese economic stimulus package is coming soon. 🛑
-Export growth is driven by preemptive moves against US tariffs, not long-term growth. 🌏
-China may prefer a more predictable approach with Biden compared to Trump’s risk-heavy policies. ⚖️
Note: This post does not offer investment advice.