China’s SCIO will hold a press conference on Tuesday, January 14, to discuss the country’s high-quality economic development.
- the event will feature PBOC’s Xuan Changneng (Deputy Governor) and SAFE’s Li Bin (Deputy Head)
- will deal with financial support for economic development
Scheduled for 15:00 China time:
- 07:00 GMT
- 02:00 am EST
That alphabet soup:
- SCIO = State Council Information Office
- PBOC = People’s Bank of China
- SAFE = State Administration for Foreign Exchange
These things are usually disappointments, with incremental policy measures announced. the days of stimulus from China ‘like a flood’ are well and truly over. Avoid disappointment, go in with low, low expectations.