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Has China fired its stimulus bazooka?

Chinese stimulus has significantly increased, recently boosting equity markets. We discuss China’s economic challenges, the risks of Japanification, and whether recent measures mark a policy shift.

Authors
Paul Diggle
Paul Diggle
Chief Economist
Luke Bartholomew
Luke Bartholomew
Deputy Chief Economist
Robert Gilhooly
Robert Gilhooly
Senior Emerging Markets Economist
Has China fired its stimulus bazooka?

Duration: 22 Mins

Date: Oct 22, 2024

"It's not, to use a phrase often used in markets, the 'big bazooka.' ... The one trillion renminbi question is whether this is a step change in approach that should leave investors more confident on the outlook?"

After months of piecemeal economic policy support, Chinese stimulus has stepped up significantly, and equity markets have surged.

Senior Emerging Markets Research Economist Robert Gilhooly joins hosts Paul Diggle and Luke Bartholomew to discuss …

  • The headwinds the Chinese economy has been facing
  • The risks of China slipping into Japanification
  • Whether recent measures represent a turning point in monetary and fiscal policy support

Tune in to listen to Macro Bytes on Apple Podcasts and Spotify.

Important information

This podcast is provided for general information only and assumes a certain level of knowledge of financial markets. It is provided for information purposes only and should not be considered as an offer, investment recommendation, or solicitation to deal in any of the investments or products mentioned herein and does not constitute investment research.

The views in this podcast are those of the contributors at the time of publication and do not necessarily reflect those of abrdn.

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