摩根士丹利-宏观-关于中国刺激的主要问题回答 (2)

September 29, 2024 09:45 PM GMT Addressing Your Top Questions on China Stimulus The policy pivot is significant, but we haven't reached the decisive trillion-dollar reflation moment yet. We expect modest fiscal easing and mild QoQ growth improvement in 4Q24-1Q25, and see potential for a further 10% tactical equity rally. A dip in our Social Dynamics Indicator could trigger bigger stimulus. A significant policy pivot: Since our trip to Beijing in early September, we have been of the view that policymakers ha ...