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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 stimulus revives hopes for economy, CSI 300 Index sees best week since 2008
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week
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 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,
1h
on MSN
Even Xi Jinping admits China has a painful road ahead despite his new stimulus
"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's condition for the first time ...
16h
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 ...
5h
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 ...
24m
on MSN
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...
1h
PDD Holdings: China Stimulus Adds Rocket Fuel, Reiterate Buy
PDD Holdings experienced a sharp decline after mixed Q2 results but is poised for recovery. Learn why PDD stock is a Buy.
2m
China’s market rally driven by policy measures unlikely to impact India’s economy or flows: Report
The Chinese market’s resurgence, aided by stimulus measures, has led to a significant recovery in the CSI 300 index. However, ...
28m
Growing economic anxiety overshadows 75th anniversary of communist China
The Chinese Communist Party (CCP) marked the People’s Republic of China’s 75th anniversary in a sombre ceremony as the ...
22h
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 ...
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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