The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.

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.

Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation and the global economy after meetings with counterparts in Beijing during a two-day visit.

After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest economy—finally acquiesced, unleashing a triptych stimulus package aimed at spurring consumer spending to counter persistent deflation.

China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from monetary easing to support for the struggling real estate sector. While some details are missing,

If you’ve been following the Chinese economy through 2024, you’d know the country has been unveiling stimulus announcements and policies all year. Coming in at around once-monthly, the market has consistently shrugged as the Red Dragon continues to remain near deflationary territory with consumer sentiment depressed following the world’s most