Global investors have waited a long time for Beijing to acknowledge "enough is enough" and save its ailing economy. Despite a positive reaction in the Chinese stock market, the stimulus package unveiled Tuesday resembles more of a pellet gun than a bazooka.

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,

Everything from iron ore miners to luxury handbag sellers got a boost Tuesday from China's stimulus, showing the wide-ranging influence a pickup in the world's second-largest economy would have on stocks globally.

Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost its sluggish economy.

Chinese central bank stimulus boosts property market and stocks. Shanghai Composite up 3.5%, Hang Seng climbs 3.7%.

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.

China’s central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs, spending and inflation.

People's Bank of China Governor Pan Gongsheng announced the measures in a rare news conference China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy.