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 stocks soar on stimulus, but US and Europe retreat
Chinese stocks surged higher Monday after further economic stimulus measures, while investor caution weighed on US and European stocks after solid gains chalked up last week.
Luxury stocks have gotten a huge boost from China's stimulus this week
Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.
China's $114 billion stimulus package immediately boosted its stock market. But can it last?
China's $114 billion stimulus has some investors excited, but it's lacking support for the country's discouraged consumers.
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.
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.
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.
Xi Warns of Obstacles Ahead in First Speech After Stimulus Plans
President Xi Jinping urged caution in the face of what he said could be a rough patch ahead for China, in his first public ...
Painful policy choices loom after China's 'monumental' consumer stimulus plan
China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook ...
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 Home Sales Slump Intensified in September, Before Stimulus
China’s residential slump deepened in September before the government released a basket of measures to put a floor under the ...
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 ...
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Dollar Dynamics: Fed Decisions and Global Stimulus Influence Currencies
The dollar strengthened against the yen but weakened against the euro as investors await key U.S. economic data. Significant ...
Chinese Property Stocks Surge as Barrage of Stimulus Continues
Chinese property stocks powered higher in mainland and Hong Kong stock markets, thanks to a barrage of measures from Beijing ...
Hong Kong, Shanghai soar on China stimulus as strong yen hits Tokyo
Shares in Hong Kong and mainland China rocketed Monday, extending last week's surge after Chinese authorities unveiled a raft ...
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 ...