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.
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.
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.
Charting the Global Economy: China Opens Up Stimulus Flood Gates
China’s policymakers uncorked sweeping stimulus measures aimed at bolstering demand and keeping the world’s second-largest economy from slipping into a deflationary spiral.
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
China Manufacturing Gauge Signals Continued Weakness in Economy
China’s manufacturing activity continued its run of decline for a fifth straight month, backing the case for stronger policy to tackle deepening economic challenges.
China’s Weak Factory Activity Shows Urgency of New Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across the board.
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 ...
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 ...
A Week of Shock and Awe Ignites China’s Stock Markets
While hopes are high, the wider Chinese economy—in particular its languishing property market—will take longer to recover.
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest ...
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 ...
China stimulus should stabilise iron ore price, says resources minister
Resources Minister Madeleine King says China’s latest stimulus package was unlikely to push prices higher, but it should help ...
China’s Stimulus Blitz: What We Know So Far and What to Expect
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
China ETFs set for best week on record after Beijing fires policy ‘bazooka’ to boost economy. Is it time to jump in?
China ETFs have surged on the back of a blitz of stimulus measures by the country’s government to revive the world’s ...