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.
China stocks set for best month in nearly a decade on stimulus cheer
Chinese stocks extended a blistering rally on Monday with those in the mainland headed for their best month in almost a decade, as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.
China Stimulus Likely a Boost for Australia, Chalmers Says
Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation and the global economy after meetings with counterparts in Beijing during a two-day visit.
China stocks just saw their best day of trading since 2008 amid a stimulus rally
China's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.
Stimulus rally: China stock market has best day since 2008
Axios Visuals Something remarkable is underway in the world's second-largest economy: China's government has embarked on an all-out effort to reverse faltering economic growth and financial markets are cheering the move.
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 ...
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 ...
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 ...
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 ...
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 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 ...
Xi Jinping is worried about the economy - what do Chinese people think?
China’s sputtering economy has its worried leaders pulling out all the stops. They have unveiled stimulus measures, offered ...
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 ...