As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement
The rise comes despite campaign pledges from Trump, a China hawk, to slap a 10% blanket tariff on all imported goods. He has threatened tariffs of more than 60% on Chinese goods. On Thursday, China shares rose with the benchmark CSI 300 Index, closing 3% higher. Hong Kong's Hang Seng Index closed 2% up.