China fiscal stimulus faces skepticism in stock market

More debt, bank capital may not be enough to spur growth, analysts say

20241101N China property

China is moving to clear away inventories of unsold or unfinished housing. © Reuters

YUSHO CHO, Nikkei staff writer

TOKYO -- China may be on the verge of announcing a big new dose of economic stimulus, but there are already doubts over whether it will be enough to bring Asia's biggest economy out of its malaise.

Some China watchers predict policymakers will decide on 10 trillion yuan ($1.4 trillion) in additional central and local government bond issuances as the Standing Committee of the National People's Congress meets until Nov. 8.

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