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French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.
China stimulus revives hopes for economy, CSI 300 Index sees best week since 2008
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week
China Caps Week Of 'Bazooka' Stimulus For Ailing Economy With Rate Cut
China on Friday opened up over a hundred billion dollars in cash for its ailing economy, capping a week in which its leadership embark on one of their biggest drives in years to kickstart growth.
Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown
For months, President Xi Jinping appeared unfazed by slowing growth as stocks sank, prices fell and discontent grew around China. This week showed he’s not willing to tolerate any more pain.
China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.
Chinese stocks on track for best week since 2008 after stimulus blitz
Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. The CSI 300 index of Shanghai- and Shenzhen-listed companies is up 14.
China stocks have best week since 2008 following Beijing stimulus plans
CNBC's Eunice Yoon joins 'Squawk on the Street' to report on China's rally this week on Beijing's stimulus measures.
Chinese stocks soar, posting best weekly gains since 2008 amid stimulus optimism
Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index, a key benchmark for China’s largest companies,
3d
on MSN
China central bank releases slate of support measures amid a deepening economic slump
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator ...
16h
China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth
China cut the amount of cash banks must keep in reserve Friday, in a bid to free up money for financial institutions and ...
8h
China's stock markets are partying like it's 2008, overwhelming systems
The euphoria was thanks to Beijing's big-bang stimulus announcement, that showed urgency and concerted commitment to boost ...
3d
on MSN
Asia-Pacific markets climb with China's central bank in focus; S&P and Dow set fresh records
The People's Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.
2d
China’s Stocks Intervention Faces Long Odds Once Euphoria Fades
China’s pledge of up to $340 billion to boost its ailing equities is invoking parallels with past efforts at home and in ...
Malaysia Sun
14h
Update: China cuts reserve requirement ratio by 0.5 percentage points
China central bank on Friday announced a cut in the reserve requirement ratio (RRR) by 0.5 percentage points for financial ...
阿思達克財經網
3d
PAN Gongsheng: PBOC to Reduce Mortgage Rates for Homes in Stock, Standardize Min. Down Payment Ratio for Mortgages
Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced at a press conference of the State Council ...
3d
Asia-Pacific markets set to climb as China central bank in focus; S&P, Dow set fresh records
The People’s Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.
Malaysia Sun
1d
Policy toolkit further tapped to boost economic growth
Heading into the last quarter of the year, the world second-largest economy has added policy steam with targeted stimulus to ...
3d
China’s Central Bank Chief Is Task Master Xi Couldn’t Let Retire
Pan Gongsheng was axed from the Communist Party’s inner web last year. Then a slew of economic problems hit and the ...
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