China Looks To Huge Stimulus Package To Prop Up Ailing Stock Market

by Will Kessler at CDN

The Chinese stock market has had a precipitous drop since the start of 2024 as the economy fails to recover to pre-COVID-19 pandemic levels, prompting a possible government stimulus, according to Bloomberg. The Chinese Communist Party is considering mobilizing the equivalent of $278 billion from offshore state-owned enterprises to buy …

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Conservative Daily News
Author: Will Kessler