Chinese stocks could climb as much as 15% on the nation's expected fiscal stimulus package, SocGen said. The stimulus measures could push China's GDP to grow as much as 5% next year, strategist said. The package could amount to as much as 3 trillion yuan, or $427 billion, and include an "open-ended commitment" for a bigger stimulus package the following year. "The exact magnitude of the boost will be subject to the size and details of the fiscal package … the sustainability of housing stabilization and household wealth recovery." AdvertisementOther experts have noted that China's monetary stimulus measures are unlikely to be effective without fiscal stimulus to go along with it.

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Persons: SocGen, —, Société Générale Organizations: Service, National People's Conference Locations: Beijing, China