China Set to Reveal Major Economic Stimulus Plan Amid Global Focus

China is expected to announce a significant fiscal stimulus package following a parliamentary meeting, as authorities aim to bolster the economy and address the real estate market slump. The package may include increased government debt and spending, with a focus on managing local government debt issues. Analysts anticipate more fiscal support, especially after Donald Trump's election win, but caution that Beijing might remain conservative in its approach. The stimulus could involve raising the debt issuance limit for local governments to manage hidden debts and reduce interest payments.