Chinese Markets Rally on Stimulus Hopes Amid Trump's Tariff Threats
China considers a $1.4 trillion stimulus plan as Trump's election victory raises concerns of renewed trade tensions.
- Chinese stock markets climbed, with the CSI 300 Index and Hang Seng Index posting gains following Trump's election win.
- Despite Trump's threats of imposing tariffs up to 60% on Chinese goods, markets are optimistic about a potential stimulus package.
- China's National People's Congress is reportedly considering a $1.4 trillion debt plan to counter economic challenges.
- Analysts suggest Beijing might devalue the yuan to boost export competitiveness, despite risks of inflation and capital outflows.
- While China's markets show resilience, the country faces structural disadvantages in trade negotiations with the US.