Yardeni Research calls China's stimulus measures 'twin bazookas'
Investing.com -- The Chinese government unveiled a sweeping package of new policies in September, including an outsized cut to interest rates and a reduction in existing mortgage costs, as it looked to provide support to China's sputtering economy and teetering housing sector.
On Monday, Chinese stocks notched their biggest single-day increase in 16 years, bringing the blue-chip CSI300 index up by almost 30% from a February low that stemmed from fears over the outlook for the world's second-largest economy. So far, copper has had a muted reaction, with London prices on Thursday evening below a four-month high of $10,080.50 hit after China unveiled its first wave of new support policies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HHS Finalizes Rule on Research Misconduct to Foster Research IntegrityORI issued 2024 Public Health Service Policies on Research Misconduct to increase transparency, efficiency, and objectivity in research misconduct proceedings.
Read more »
Scripps Research Institute, Fellow Position, Fall 2025 - La Jolla, California job with Scripps Research InstituteScripps Research Fellows are intended to be scientists of exceptional promise and creativity who have recently completed their Ph.D. training, or with limited postdoctoral experience (| 1 year).
Read more »
Forget Meme Coins, Crypto Utility Is Already HereDavid Zimmerman is a research analyst at K33 Research.
Read more »
China launches first ‘reusable’ satellite Shijian-19 for seed science researchChina launches its first reusable satellite, Shijian-19, to conduct space experiments, marking a major milestone in space technology.
Read more »
Ernst Introduces Bill To Require Reports On US-Funded Biomedical Research In ChinaSenator Joni Ernst (R-Iowa) introduced a bill requiring the White House to issue reports on any U.S.-funded biomedical research in China. The 'Chinese Laboratory Accountability and Watchful Spending' Act would mandate annual reports from the Office of Management and Budget (OMB) on whether the research is supported by or associated with Chinese military or intelligence activities.
Read more »
China may overtake US in quantum, nuclear research in 10 years: ReportIn a shocking report recently presented during a Capitol Hill event, ITIF claims that in the next 10 years, China could overtake the US and Europe in most of the key technologies.
Read more »