China is trying to give investors the one major thing missing from its economic stimulus blitz
Chinese President Xi Jinping
Johannes Eisele/AFP/Getty Images
- China is expected to announce extra fiscal policy support on Saturday.
- Analysts expect $283 billion worth of stimulus to be pledged, Bloomberg reported.
- The lack of consumer support in China's last stimulus package disappointed investors.
Financial markets in China are waiting for Beijing to finally provide fiscal stimulus at a scheduled announcement on Saturday, the key ingredient missing in its latest push to shore up China's economy.
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