Trump win expected to trigger more China stimulus- JPMorgan By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2024
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Source: Investing.com
Impact of Trump’s Potential Victory: A Donald Trump win in the 2024 presidential election could lead to a sell-off in Chinese stocks and prompt increased fiscal stimulus from Beijing, as Trump is expected to impose steep trade tariffs against China.
Market Reactions and Predictions: JPMorgan analysts predict that Trump's presidency would escalate economic pressures on China, while a Kamala Harris victory might boost risk appetite for Chinese export-oriented stocks; upcoming meetings of China's National People's Congress are anticipated to outline significant fiscal spending plans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
