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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.
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.
China Unveils Huge Stimulus for Ailing Economy
In what amounts to a massive adrenaline shot for the world’s second biggest economy, China’s central bank unveiled a series of economic stimulus measures on Tuesday. China’s economy has been dogged by a property market crisis,
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.
14h
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 ...
Zawya
9m
Painful policy choices loom after China's 'monumental' consumer stimulus plan
China's household spending is less than 40% of annual economic output, some 20 percentage points below the global average. Investment, by comparison, is 20 points above ...
13h
China Stocks Jump As Stimulus Optimism Mounts: What's Going On?
Chinese stocks continue to rebound Monday following years of underperformance after China said it would allow homeowners to ...
NBC New York
5h
China's economic woes dampen ‘Golden Week' holiday travel
China
is expecting to see more travelers during Golden Week ... Chinese officials announced a slate of support measures to ...
23h
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 ...
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 ...
4d
Inside China’s Unusually Candid Stimulus Briefing on Economy
Welcome to Next China. Each week, we take you inside the economic giant that is China. To subscribe to this newsletter ...
6d
China rolls out broad rate cuts and other stimulus to spur weak economy
China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector ...
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 ...
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