China's decision to increase stimulus package

Source: Marketwatch
Chinese government has made the decision of increasing stimulus spending in order to strengthen the country's economy. Despite the fact that some analysts believe that the plan is not sufficient to ensure the essential changes in the slowing region, the proposed program encompasses lowering interest rates as well as spending concerned with infrastructure development. Credit Suisse pointed out that the government is anticipating to invest more than CNY 2.2 trillion in projects related to social-housing, environmental questions as well as railway development. Standard Chartered indicated that China is attempting to prevent unsuccessful spending, which occurred during the precedent CNY 4 trillion stimulus spending plan.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.