The US election could drive the Chinese Government to increase its economic stimulus measures as it works to recover from the 2021 financial crisis.
In the wake of that election, China’s National People’s Congress (NPC) Standing Committee on November 8 announced new stimulus policies—a 10 trillion yuan ($A2.11 trillion) stimulus package with 6 trillion yuan ($A1.26 trillion) of it allocated to support local governments tackling hidden debts.
The state and future of the economy of our largest trading partner will have a significant effect here, with our iron exports to China, and its investment in projects here, top of the list.
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