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China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.
Markets cheer as China gets serious on stimulus
Property sector a key focus in rapid fire of policy measures after almost two years of piecemeal attempts to breathe life back into economy
China stimulus revives hopes for economy, CSI 300 Index sees best week since 2008
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week, as Beijing moves quickly to boost fiscal support and economic growth.
China’s Bold Stimulus Measures Won’t Save Its Flagging Economy
It is the first time I’ve ever seen the Chinese central bank directly use its own money to support the stock and real estate markets,” says Lu Xi, an assistant professor focusing on China’s economics at the National University of Singapore.
China's new stimulus plans make a splash in global markets
China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the world's second-largest economy out of the deflationary funk that has shaken global currency and equity markets this year.
China’s Stimulus May Keep It From Spoiling Global Economy. But It Still Isn’t Enough.
The effort to encourage consumption and jolt growth is more of a shotgun approach than the bazooka the market has been waiting for.
22h
China factory surveys show economy weakening, as Beijing steps up support
Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus ...
2d
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's ...
13h
Will China’s Surprise Stimulus Work?
Getting out of the deflationary hole China dug itself is vital, and in the short run all stimulus will help. But for the long ...
3h
Asia's factory activity hit by global uncertainty, focus on China stimulus
Asia's factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging ...
53m
Mint Primer | China’s stimulus: What it spells for India & the world
On 24 September, the Chinese Central Bank cut interest rates and infused $143 billion into the banking system by cutting the ...
16h
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
20h
Chinese Stocks Notch Best Day Since 2008 After China Adds to Stimulus Blitz
China said Sunday that it would allow home owners to refinance mortgages, the latest in a torrent of policy moves aimed at ...
1d
on MSN
China's massive stimulus misfire
Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fix the country's biggest ...
7h
Why China’s Struggling Economy Is A Huge Price Boost For Bitcoin
As Bitcoin's price continues to test upwards momentum, China's economic slowdown may be an understudied and massive demand ...
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