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,

The effort to encourage consumption and jolt growth is more of a shotgun approach than the bazooka the market has been waiting for.

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.

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.

China's central bank introduced its largest stimulus since the pandemic to rejuvenate the economy, including funding and interest rate cuts. Analysts, however, caution that more fiscal measures are necessary to achieve growth targets.

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

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. Here are the key takeaways from the

China has rolled out a new round of stimulus measures aimed at reviving its slowing economy. The central bank has announced steps to lower borrowing costs, increase liquidity, and provide relief to struggling households by easing mortgage repayments.

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.