China announces record 30 trillion yuan stimulus push for 2026 economic support. The Finance Ministry confirmed massive fiscal spending aimed at achieving GDP growth targets between 4.5% and 5%, signaling a significant shift toward proactive economic support. Meanwhile, global shipping faces severe disruption as major carriers like Maersk suspend critical Far East to Europe routes due to regional tensions, with approximately 150 vessels anchored near the Strait of Hormuz. In the United States, labor markets show concerning signs with February Nonfarm Payrolls expected to rise just 55,000 jobs, down sharply from January's 130,000 additions, while unemployment may reach 4.3%. The Trump administration is ruling out Treasury intervention in oil futures despite crude prices surging nearly 21% since regional conflict escalated.
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