Asia Financial on Nostr: Chinese Top Lawmakers to Meet in Week of US Election ========== China's top lawmakers ...
Chinese Top Lawmakers to Meet in Week of US Election
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China's top lawmakers will meet in Beijing from November 4-8, 2024; the meeting coincides with the US presidential election on November 5, 2024; analysts suggest the timing is strategic to manage potential fallout from the election; President Xi Jinping and Premier Li Qiang are key figures; concerns over Trump's unpredictability and potential tariff increases loom; if Trump wins, tariffs could reduce China's GDP growth by 2.5 percentage points; Kamala Harris is expected to continue a tough but targeted approach towards China; discussions will include mineral resources, energy, and anti-money laundering legislation; no mention of fiscal measures to boost the economy was made; China aims for a 5% growth target for 2024; special treasury bonds worth 6 trillion yuan may be issued over three years; Jim Pollard is the author.
#China #UsElection #TradeWar #Economy #XiJinping #DonaldTrump #KamalaHarris #NationalPeople'sCongress #Tariffs #Legislation
https://www.asiafinancial.com/chinese-top-lawmakers-to-meet-in-week-of-us-election
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China's top lawmakers will meet in Beijing from November 4-8, 2024; the meeting coincides with the US presidential election on November 5, 2024; analysts suggest the timing is strategic to manage potential fallout from the election; President Xi Jinping and Premier Li Qiang are key figures; concerns over Trump's unpredictability and potential tariff increases loom; if Trump wins, tariffs could reduce China's GDP growth by 2.5 percentage points; Kamala Harris is expected to continue a tough but targeted approach towards China; discussions will include mineral resources, energy, and anti-money laundering legislation; no mention of fiscal measures to boost the economy was made; China aims for a 5% growth target for 2024; special treasury bonds worth 6 trillion yuan may be issued over three years; Jim Pollard is the author.
#China #UsElection #TradeWar #Economy #XiJinping #DonaldTrump #KamalaHarris #NationalPeople'sCongress #Tariffs #Legislation
https://www.asiafinancial.com/chinese-top-lawmakers-to-meet-in-week-of-us-election