China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing ramps up stimulus to pull economic growth back towards this year's roughly 5% target and fight deflationary pressures.

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.

China’s central bank and its top political leaders appear to be abandoning a reluctance to act forcefully on the economy.

Billionaire investor David Tepper is buying more of “everything” related to China after Beijing rolled out sweeping stimulus measures that exceeded expectations.

Billionaire hedge-fund manager David Tepper says it’s an “everything” rally in China after Beijing announced a slew of stimulus measures.

David Tepper, founder of Appaloosa Management, said he is going “all-in on China” after announcements of huge stimulus measures to boost the country's economy. In a CNBC interview, the billionaire hedge-fund manager said he is bullish on all things China (NASDAQ:MCHI),