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 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,
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.
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.
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 ...
Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says
Gaming and copper equities have outperformed since China's stimulus blitz, and are likely the safest bet going forward, ...
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 ...
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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 ...
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 ...
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.
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 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 ...
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 ...
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 ...