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China plans fiscal stimulus, including defense and tech spending, amid US trade tensions.
China will announce a softer domestic demand and a lower inflation outlook at its "Two Sessions" meeting starting March 5th, amid US trade tensions.
The country plans to reveal fiscal stimulus, including increased spending on defense and technology, and support for the private sector.
The budget deficit is expected to rise to 4% of GDP, and the GDP growth target will likely remain around 5%.
China may triple its special sovereign bond sales to 3 trillion yuan and increase local government bond issuance to 4.5 trillion yuan.
Analysts caution against significant stimulus due to uncertain trade relations with the US.
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China planea un estímulo fiscal, incluyendo el gasto en defensa y tecnología, en medio de las tensiones comerciales estadounidenses.