China Stimulus Package July 2024

China Stimulus Package July 2024. China’s recent stimulus package, the largest since the pandemic, has boosted equities but may not be enough to reinvigorate growth. China’s recent stimulus measures have primarily targeted its monetary policy, which focuses on banks and money supply rather than “spending its way out” of a downturn.

China unveiled more measures to boost its stuttering economy in a rare briefing by the head of the central bank, along with the securities and financial regulators. Beijing’s economic stimulus has finally arrived.