Investors expect Beijing to announce details on fiscal support Friday.
He expects Trump has a greater chance of winning, which he said would increase downward pressure on the Chinese yuan versus the U.S. dollar.
While the People's Bank of China has cut interest rates, the Ministry of Finance has yet to release details on widely anticipated fiscal stimulus.
China is considering more than 10 trillion yuan in debt issuance over a few years, Reuters reported Tuesday, citing sources.
Whether it is 10 trillion yuan over three to five years, or 2 trillion yuan in one year, the average is about 2 trillion yuan in support a year, she pointed out.
Persons:
Aly Song, That's, —, Donald Trump, Kamala Harris, Harris, Ting Lu, Biden, Zhu Bin, Zhu, Trump, Liqian Ren, Ren, Xi Jinping, Lan Fo'an, Zong Liang, WisdomTree's Ren
Organizations:
Reuters, U.S, Investors, National People's, Trump, Nomura, Nanhua, CNBC, U.S ., WisdomTree, People's Bank of, Ministry of Finance, Finance, Bank of China
Locations:
Yiwu, Zhejiang province, China, Reuters BEIJING, Beijing, U.S, United, People's Bank of China