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.
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’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.
Is China’s fresh stimulus sufficient to support its ailing economy and markets?
China's central bank unveiled a broad package of monetary stimulus measures, including a cut in interest rates, to revive the world's second-largest economy. But will they be enough?
China Stimulus Likely a Boost for Australia, Chalmers Says
Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation and the global economy after meetings with counterparts in Beijing during a two-day visit.
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 and Interest Rate Cuts Are Great News for This Vanguard ETF, Which Just Hit an All-Time High and Could Have More Room to Run
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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 ...
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 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 ...
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 ...
China’s Weak Factory Activity Shows Urgency of Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an ...
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 ...
China's Economic Planners Receive More Bad News
China's manufacturing sector remained in contraction territory for the fifth-straight month, according to the statistics ...