Reported 12 days ago
Chinese stocks are set for their best week in nearly a decade following pledges from the Politburo to enhance fiscal support and stabilize the property market. The CSI 300 Index has risen 4.2%, ending a significant three-year decline, aided by consumer stock rallies and promised government cash handouts. The commitment signals Beijing's acknowledgment of ongoing economic issues, although concerns remain about the effectiveness of these measures in addressing deeper structural problems.
Source: YAHOO