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China Opens Up Stimulus

Hosted on MSN · 6h

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.

Bloomberg L.P. · 2d

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.

A new stimulus might (or might not) jump-start China's economy

Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to jump-start growth. It just might not be enough.

China factory surveys show economy weakening

Associated Press · 11h

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.

Bloomberg L.P. · 14h

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 emergency stimulus blitz to revive an economy facing challenges across the board.

Reuters on MSN · 12h

China's factory, service sectors skid, emboldening stimulus calls

China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with only three months left in the year.

China to cut existing mortgage rates by end of Oct.

China to cut existing mortgage rates by the end of October

China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country's beleaguered property market as the economy slows.

Bloomberg L.P. · 1d

China Moves to Cut Mortgage Rates to Revive Housing Market

China took steps to lower borrowing costs on as much as $5.3 trillion in mortgages for millions of families in its latest attempt to shore up the troubled property sector.

Daily Journal · 9h

China's top banks to tweak mortgage rates to boost housing market

Six of China's biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing's central bank, state media said

13hon MSN

China Manufacturing Gauge Signals Continued Weakness in Economy

China’s manufacturing activity continued its run of decline for a fifth straight month, backing the case for stronger policy ...

2d

China Tariffs: US Deals Trade Blow to World's No. 2 Economy

Some analysts say the tariff hikes are more about scoring political points ahead of the election than having a meaningful ...

China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital Economy

The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on ...

1d

China Tries to Jolt Ailing Economy

China’s central bank announced a blitz of measures to support China’s weakening economy and energize its moribund stock ...

3h

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 ...

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