Just now, the Politburo meeting was held! Fire line interpretation! China's assets are soaring, FTSE A50 is up over 4%, and A shares will be booming again tomorrow?Monetary policy and fiscal policy:
The words are "more active" fiscal policy and "moderately loose" monetary policy.Foreign trade:Be more active-it means that deficit ratio will improve, exceeding 3.5% is expected, and even the second round of 5-10 trillion yuan is expected!
It is necessary to expand high-level opening to the outside world and stabilize foreign trade and foreign investment.The words are "more active" fiscal policy and "moderately loose" monetary policy.Moderately loose-there will be RRR cuts or interest rate cuts, but the intensity may not be the highest in 10 years!
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13