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.

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