US election could shape China’s long-awaited fiscal stimulus package: analysts


By Sylvia MaJi Siqi

The outcome of Tuesday’s US presidential election is expected to shape the scale of China’s long-awaited fiscal stimulus package, with a victory for former president Donald Trump likely to prompt greater spending to offset the impact of any potential tariffs, analysts said.

The estimates suggest the scale of China’s fiscal stimulus package would be around 10 to 20 per cent bigger under a victory for Republican nominee Trump compared to Vice-President and Democratic rival Kamala Harris.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Thailand to quarantine travellers from Congo even if they have no Ebola symptoms
Vietnamese police bust laughing gas trafficking ring with over US$750,000 in turnover
Keeping seniors on their feet
Heatstroke leaves at least 16 dead
Swathes of Hanoi demolished ‘in the name of progress’
Dozens killed in train explosion
City puts AI firmly in the driver’s seat
Anxious families await news of missing coal miners
Over 20 trapped in collapsed building
Palestine’s Cabinet warns of deteriorating humanitarian situation in Gaza

Others Also Read