China's Tepid Growth Expected to Lead to More Fiscal Stimulus

Dow Jones

09/16

0913 GMT - China's tepid GDP growth in August raises the probability of additional fiscal stimulus in 4Q, BNP Paribas economists say in a note. Based on the bank's estimates, real GDP growth last month was 4.3% on year. Policymakers may introduce new fiscal stimulus in October if 3Q growth slows to around 4.0% and if the economy fails to recover despite having support from fiscal measures. Economists say fresh stimulus measures may include more policy-based financial instruments, as fiscal policy is the most effective lever to counter short-term weak growth.

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Based on the bank's estimates, real GDP growth last month was 4.3% on year. Policymakers may introduce new fiscal stimulus in October if 3Q growth slows to around 4.0% and if the economy fails to recover despite having support from fiscal measures. Economists say fresh stimulus measures may include more policy-based financial instruments, as fiscal policy is the most effective lever to counter short-term weak growth.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBB","symbol_name":"基础金属ETF-PowerShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2667609056","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667609056","pubTimestamp":1789549980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0913 GMT - China's tepid GDP growth in August raises the probability of additional fiscal stimulus in 4Q, BNP Paribas economists say in a note. 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