The recent surge in China's stock markets, the highest in over a decade, is primarily driven by aggressive economic stimulus measures implemented by the Chinese government. This includes interest rate cuts and easing restrictions on home buying, aiming to rejuvenate the economy.
The stimulus package introduced by Beijing seeks to turn around a sluggish economy and help meet the annual growth target of 5%. This intervention has led to significant market gains, with major indices experiencing their largest single-day increase since 2008.
Collection
[
|
...
]