Heads up for another China ‘stimulus’ briefing today (10am Beijing time)
globalreutersOctober 16, 20241 Mins read Officials from the Housing Ministry, the People’s Bank of China, the Finance Ministry and the National Financial Regulatory Administration will hold a joint briefing at 10 am Beijing time on Thursday 17 October 2024:
- 0200 GMT
- 2200 US Eastern time
They’ll be providing details (maybe!) on measures to support the
property sector. Chinese property-developer stocks rallied yesterday on speculation new measures to boost the housing sector will be announced. Another disappointment ahead?
ps, I posted this yesterday on what all these measures are trying to do:
This article was written by Eamonn Sheridan at www.forexlive.com.
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