The global markets climbed on Tuesday (Jan 15), helped by hopes of more stimulus for China’s economy, including investment projects and local government bond issuance improved sentiment. Stocks in Shanghai and Hong Kong surged almost 2% after the United States (U.S.) President Trump talked up chances of a China trade deal, and Chinese officials then came out in force hinting at more stimulus for their slowing economy, Reuters reported. That came a day after data on Monday showed China’s exports unexpectedly fell the most in two years in December, while imports also contracted sharply.

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