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China stock market has best day since 2008
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 surge in biggest single-day rally since 2008 on stimulus cheer
SHANGHAI/SINGAPORE (Reuters) -Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to join a searing rally sparked by Beijing's latest raft of stimulus measures.
How Will China’s New Economic Stimulus Measures Affect Oil Prices?
Despite stimulus efforts, China's shift towards less energy-intensive sectors and a preference for lower oil prices limit any significant impact on global oil demand or prices.
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 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, as Beijing moves quickly to boost fiscal support and economic growth.
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 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.
Xi, China
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 since the stimulus.
Xi’s Stimulus Blitz Adds $130 Billion to Coffers of China’s Rich
China’s largest stimulus package in years has helped the country’s richest get a whole lot richer. The collective fortunes of the 54 Chinese people on the Bloomberg Billionaires Index jumped about 19% in the week ended Sept.
'No challenges can stop China's progress,' Xi Jinping says in 75th anniversary speech
The Chinese leader also reiterated Beijing’s aims for reunification with the self-governing island of Taiwan as he marked the 75th anniversary of the People’s Republic of China.
China factory surveys show economy weakening
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 emergency stimulus blitz to revive an economy facing challenges across the board.
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'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.
1d
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 ...
2d
on MSN
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 ...
3h
2 steps China still needs to take to avoid a 'quagmire' of deflation, Yale economist says
China's monetary stimulus was a move in the right direction, but one of three steps the country must take to revive its ...
12h
on MSN
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 ...
3d
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 ...
Yahoo News
1d
Xi Jinping is worried about the economy - what do Chinese people think?
China
’s sputtering
economy
has its worried leaders pulling out all the stops. They have unveiled
stimulus
measures, ...
1d
Chinese Stocks Notch Best Day Since 2008 After Beijing 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 supporting the struggling economy and stock market. The new ...
1d
Chinese Stocks Soar Most Since 2015, Heading for Bull Market
Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government ...
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