President Trump: Auto tariffs will come around April 2.
On December 13, Wang Qing, chief macro analyst of Dongfang Jincheng, said that the counter-cyclical adjustment of fiscal policy is "extraordinary", which may be mainly reflected in a relatively large increase in the deficit rate. It is expected that the deficit rate will be raised from 3% this year to about 4% next year (increasing the fiscal spending capacity equivalent to 1.30 trillion). Under the more active fiscal policy, it is expected that the national general public budget expenditure wil...
On October 25th, data showed that the consumer confidence index rose for the third consecutive month, edging up to the highest level since April 2024. Market sentiment is currently more than 40% higher than the trough in June 2022. This month's increase is mainly due to slightly improved purchasing conditions for durable goods, in part due to easing of interest rates. The upcoming general election has a large impact on consumer expectations. Overall, the proportion of consumers expecting a Harri...