China's NPC Standing Committee is reportedly set to hold a meeting on February 4th, according to state radio
Newsquawk Staff ·
China's NPC Standing Committee is reportedly set to hold a meeting on February 4th, according to state radio.
What it means
This meeting by China's NPC Standing Committee signals potential policy discussions that could address economic conditions or structural reforms, which are critical given ongoing global economic uncertainties. Traders should keep an eye on sectors such as commodities or Chinese equities that might be directly influenced by any outcomes or announcements stemming from this meeting.
- China's Auto Industry Body CPCA says Tesla (TSLA) sold 67,829 China-made vehicles in Oct (prev. 95,366 M/M)
- PBoC pledges to enhance stock market support measures by expanding participation in its swap facility for securities firms, funds and insurers, moderately lowering swap fees and conducting operations when appropriate
- China proposes easing FX rules for current account transactions
- Japan's Chief Cabinet Secretary Kihara says JPY 1.1tln of reserve funds is to support fuel price measures
- Japanese PM Takaichi says they will be commencing electricity and gas support measures from December, until February
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