Tag: stimulus package
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China’s economy set to grow 4.8% in 2024, missing target: Reuters poll
By Kevin YaoBEIJING (Reuters) - China's economy is likely to expand 4.8% in 2024, undershooting the government's target, and growth could cool further to...
China is trying to give investors the one major thing missing from its economic stimulus blitz
China is expected to announce extra fiscal policy support on Saturday.Analysts expect $283 billion worth of stimulus to be pledged, Bloomberg reported.The lack of...
Why Chinese stocks will climb another 50% from current levels, research CEO says
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro's Jeff deGraaf.The research firm CEO said perfect conditions...
PBOC Starts $71 Billion Liquidity Tool for Stock Investors
(Bloomberg) -- China’s central bank has set up a swap facility to provide liquidity to institutional investors to buy stocks, part of a broad...
Volatility Grips Chinese Stocks as Traders Wait for MOF Briefing
(Bloomberg) -- Chinese stocks ended higher following a volatile session as investors awaited the outcome of the government’s planned briefing on fiscal policy on...