💨 Abstract

The Barclays report suggests that if Donald Trump wins the US presidential election, the potential escalation of trade tensions between the US and China could lead China to announce a large economic stimulus package to counteract US trade pressures. The stimulus package, expected to be announced during the National People's Congress Standing Committee meeting, may include a debt swap program of CNY6 trillion over three years and additional fiscal support of CNY2 trillion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖