China’s 2018 Fiscal Stimulus – Do Or Die

With yesterday’s announcement from President Trump of a 25% US import tariff on $60billion of Chinese goods, the spectre of a global trade war looms larger. 2 As the world’s two largest economic powerhouses go head-to-head can we expect a severe turnaround in economic growth forecasts for the near to medium term horizon? While the Government of China might have announced that they are prepared to respond in kind to President Trump’s import tariff policy, details have yet to be released and are some way off implementation… for now. Target Outcomes – On Course? What has been set clear this March,…