China gears up for a big week as markets await U.S. elections and stimulus details

Key Points

Investors expect details on China’s fiscal stimulus plans be come out Friday, after Beijing considers the U.S. presidential election earlier in the week.
“The size of China’s fiscal stimulus package would be around 10~20% bigger under a Trump win than under the scenario of a Harris win,” Ting Lu, chief China economist at Nomura, said in a note.
Liqian Ren, leader of quantitative investment at WisdomTree, expects the scale of Beijing’s stimulus will be determined not by who wins the election, but the stock market reaction.

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