China to loosen fiscal, monetary policies in wake of trade war: analysts
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S government will loosen monetary and fiscal policies further to mitigate downside consequences of its trade war with the US, although the effects of tariffs on Chinese goods are expected to remain limited, analysts said.
On July 6, a first batch of tariffs came into effect targeting US$34 billion worth of Chinese goods.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
