This is a China news story, published by CNBC, that relates primarily to Zhao news.
For more China news, you can click here:
more China newsFor more Zhao news, you can click here:
more Zhao newsFor more Asia business & economics news, you can click here:
more Asia business & economics newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Asia business & economics, you might also like this article about
new major stimulus plans. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest fiscal stimulus policies news, major fiscal stimulus news, news about Asia business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
fiscal stimulusCNBC
•
87% Informative
China 's Finance Minister Lan Fo'an is set to hold a press conference at 10 a.m. on Saturday local time on "intensifying" fiscal stimulus policies.
China 's top state planner underwhelmed investors by announcing smaller-than-expected actions earlier this week .
Some analysts are confident that authorities are ready to deliver major fiscal stimulus at the highly anticipated event.
A two trillion yuan bond issuance is unlikely to turn the economy around, says Alpine Macro's Zhao .
Zhao believes that the next stimulus package needs to be around 4-5% of GDP to reverse consumption demand.
A Chinese political veteran has cautioned that changes in fiscal policy needs to go through lengthy legal processes for approval.
VR Score
91
Informative language
92
Neutral language
55
Article tone
formal
Language
English
Language complexity
65
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links