China economic agency readies briefing as investors eye stimulus

  • Posted on October 7, 2024
  • By Business News Today
  • 3 Views
China economic agency readies briefing as investors eye stimulus

Economists and traders are closely watching for additional policy measures after China's top leaders signaled a desire to draw a line under the nation's growth slowdown. Just before a weeklong holiday in China, the government unleashed a slew of stimulus measures, including interest rate cuts, more liquidity to promote bank lending and a pledge of as much as $340 billion to support the stock market.
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