Markets and Finance

China’s A-share listed firms suffered significantly at the beginning of 2020 because of the COVID-19 pandemic.

Local governments are ramping up subsidies on cars and housing while Beijing is not delivering a big-bang stimulus.

Beijing downplays growth target for 2020 after GDP contracted by 6.8% in Q1

The prospect of income and consumption growth in 2020 is quite dim

The politburo called for more fiscal firepower to support growth.