The big Chinese announcement that is still missing

RESEARCH PUBLICATION

Following the announcement of multiple packages to support the economy and equity markets, this piece looks at the implications for Monetary and Fiscal Policy.

Despite all the announcements, one key piece of information is missing before investors can form a strong view on private and public sector asset trends, as well as what will happen in the short term. Indeed, the 1990 - 2024 valuation of the Japanese financial market structure has been dependent on this information, significantly changing when this information changed.