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2024-10-06 09:55:25

prc30 on Nostr: The NDRC has now announced plans for a press conference on Tuesday morning. A ...

The NDRC has now announced plans for a press conference on Tuesday morning.

A somewhat unexpected move, although possibly a step up from the Ministry of Finance in that the NDRC - as is typical in its role - could provide clarity in terms of government plans to support the economy. I’d expect the focus to be on the property sector.

Whatever the mode, a continued stream of communications will almost certainly keep the animal spirits for equities for in overdrive.

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