It is the first time I’ve ever seen the Chinese central bank directly use its own money to support the stock and real estate markets,” says Lu Xi, an assistant professor focusing on China’s economics at the National University of Singapore.

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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.

U.S.-listed shares of Chinese firms and China-focused funds jumped on Friday and are set for another day of strong gains, aided by the latest in a line of aggressive stimulus measures to propel economic growth in the world's second-largest economy.

Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.

The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.

In what amounts to a massive adrenaline shot for the world’s second biggest economy, China’s central bank unveiled a series of economic stimulus measures on Tuesday. China’s economy has been dogged by a property market crisis,

Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to jump-start growth. It just might not be enough. Amid concerns of a "prolonged structural slowdown,

China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week, as Beijing moves quickly to boost fiscal support and economic growth.