For the Chinese stimulus to have an impact on the consumer and domestic businesses (ex. Banks and RE companies) gunna take a while to work through the system. Will be interesting to see what happens in the interim. Been pretty messy this year.
Hopefully they are willing to do a big fiscal stimulus - it is definitely a demand issue with little consumer confidence in the economy, plus they have to get private enterprises room to thrive.
For the Chinese stimulus to have an impact on the consumer and domestic businesses (ex. Banks and RE companies) gunna take a while to work through the system. Will be interesting to see what happens in the interim. Been pretty messy this year.
Hopefully they are willing to do a big fiscal stimulus - it is definitely a demand issue with little consumer confidence in the economy, plus they have to get private enterprises room to thrive.