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Many Happy Returns — Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus
Buzzing ratingBUZZING· 79%41m·2024-10-02·Money

Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus

Many Happy Returns · 138

China’s economic boom has slowed as debt, deflation, and demographics weigh on the economy. Beijing belatedly announced a massive stimulus package, cutting interest rates and funnelling money into the stock market. But will it be enough to turn around the world's second biggest economy? And in today’s Dumb Question of…

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