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
Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.
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 big rally so far: A massive surge driven by recent stimulus measures
After a sizeable stimulus, the Shanghai is up 23%, the Hang Seng-listed Chinese company index is up 26%, and the property index is up a whopping 36% from their recent lows.
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 stocks soar on stimulus, Europe slides on automaker woes
Chinese stocks rocketed Monday, extending last week's surge after China unveiled a raft of economy-boosting measures, while a weak outlook for the car sector sent European auto stocks tumbling.
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 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.
China's stimulus isn't enough for its economic woes. But its stock rally could help.
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.
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’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 ...
Euro nudges higher; China stimulus boosts Aussie and kiwi
The euro strengthened on Monday after German inflation data, while commodity currencies rose on hopes for a turnaround in ...
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 ...
Communist China is celebrating its 75th birthday and its stock market is soaring. But not everyone is in the party spirit
For much of the past year since China reopened to the world following the Covid-19 pandemic, a pall has hung over large ...
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 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 ...