China’s annual parliament, the “Two Sessions,” starts next week.

China’s once a year parliament – the “Two Sessions” – begins on March 4:

  • On Tuesday the Chinese People’s Political Consultative Conference (peak advisory body) meets
  • This is then followed by National People’s Congress meeting, the legislature

It’ll all go for about a week. We may have to wait until near the end to get press conferences oputling what was decided.

What to expect (in brief, and focus on the economy):

  • CPI target is expected to be dropped won to levels closer to 2%, from 3%
  • Further stimulus is expected but implementation may hawev to wait until H2
  • Bond sale quotas to be increased, both sovereign and on behalf of local governments
  • GDP growth target is expected to be maintained ‘around 5%’

Old pic, but it’ll give an idea of the grand affair.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

USDCHF Technical Analysis – The US inflation data keeps markets guessing

European indices off to a stuttering start in final trading day of the week

Guess Who This Lil’ Girl in Green Turned Into!

Cricket Australia’s Holi Greetings Come With Unique 2023 ODI World Cup Trophy Gesture