Pros Say: Don't Hang Your Hopes on Chinese Stimulus

Global stocks were down again on Thursday on investors' disappointment China did not announce new stimulus plans. Experts interviewed by CNBC weigh in on governments' efforts to stabilize the economy.

Fresh Stimulus Hopes from China Not Practical

It is not practical to expect China to increase its stimulus measures because it means the budget deficit will also have to be increased, says Chi Lo, director, investment research at Ping An of China Asset Management.

China Leads the Pack

Andrew Pease, investment strategist at Russell Investment Group, views China as Asia's strongest market to invest in, given its fiscal fire power and leadership's commitment to sustain domestic growth.

Chinese Consumption Still Healthy

China's rising trade surplus reflects a healthy flow of input and consumption amid falling exports, observes Andrew Freris, senior investment strategist for Asia, BNP Paribas Wealth Mgmt. He explains why this is a good thing.

China, Chinese Flag
China, Chinese Flag

China Not Refocusing Economic Strategy

The idea that China is trying to change its focus from an export driven economy to a consumption driven one is a misnomer, says Andrew Freris, senior investment strategist for Asia at BNP Paribas Wealth Mgmt.

Doubt Cast Over Global Coordinated Efforts

Even though there will be a force for global coordination, in reality, politicians are unlikely work together, says Paul Donovan, senior international economist at UBS.

BoE Likely to Cut By 50 Bps

The Bank of England will likely cut by 50 basis points, says Adam Carr, senior economist at ICAP. He tells that a sharp sell-off in sterling is expected.

Dollar-Yen to Hit 100 Soon

Masafumi Yamamoto, head of Japan FX strategy at RBS, says Japan's deteriorating economy and bearish sentiment could drive the dollar-yen cross to 100 later today.