Here’s what China is doing to boost economy, rescue markets

Chinese policymakers are stepping up efforts to support the economy and sliding markets amid concerns about a property crisis, deflation, and weak consumer confidence. Measures include providing more long-term cash for banks, tightening rules on share lending for short selling, and expanding developer access to loans. Additional support may be necessary to restore investor trust in China’s markets.

Jan 30, 2024 - 04:00
Here’s what China is doing to boost economy, rescue markets
Chinese policymakers are stepping up efforts to support the economy and sliding markets amid concerns about a property crisis, deflation, and weak consumer confidence. Measures include providing more long-term cash for banks, tightening rules on share lending for short selling, and expanding developer access to loans. Additional support may be necessary to restore investor trust in China’s markets.