Super-Size Me! China’s ’Mini’ Stimulus Starts Expanding

China’s so-called mini-stimulus is beginning to morph into something larger.

Nomura Holdings Inc. economists said measures including central bank loans for low-income housing are “starting to amount to something quite significant” as they scrapped their forecast for a second-quarter cut in banks’ reserve requirements. UBS AG said the government has gradually strengthened its mini-stimulus over the past couple of months and the central bank “has quietly eased liquidity conditions.”