Chinese lawmakers are expected to meet in early November to approve a large fiscal stimulus package aimed at boosting economic growth. This package, which could be worth trillions of yuan, is the country's most significant effort to support the economy since the pandemic began.

The goal is to provide financial relief to local governments and recapitalize major state lenders. However, financial institutions such as Goldman Sachs and HSBC have expressed doubts about whether this package will fully restore market confidence.