Flash: Stimulus measures surfacing in China - BBH

FXstreet.com (Barcelona) - Marc Chandler, global Head of Currency Strategy at BBH said they has been talk of more stimulus measures in China is surfacing again, but not large scale.

Key Quotes:

“Local reports suggest that a new round of economic reforms could be in the pipeline, including changes to the fiscal and tax regimes, as well as reforms in the financial and energy sector”.

“Commerce Ministry stated that measures to support export and import companies will be coming out soon”.

“The Ministry of Finance curbed expectations for any large scale action”.