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7th Nov 2024 10:49China+Daily Monitor

  • Mr. Trump’s win likely means China’s NPC will today approve only modest stimulus to boost confidence.
  • But a bigger multi-year package is likely on the way, with more leeway to mitigate the impact of tariffs.
  • The BoJ is likely to favour growth with a slower pace of rate hikes but be alert to the risk of JPY weakness.

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Keywords for: 8 November 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence