MACROECONOMICS

China and strong moves to stabilize the market

Fiscal-monetary stimulus policies and recent interventions in the financial markets by the Chinese government to stabilize the market ahead of the New Year.

The 'Asian Dragon' bogged down in the most severe deflation in 15 years and this world's largest Real Estate (RE) market unable to recover has caused pervasive pessimistic sentiment across China's financial markets. 

Since the beginning of the 2024 calendar year, Chinese stocks have continuously declined despite the global stock rally. 

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