Bifogade filer
China presents massive stimulus package
Prenumeration
Du har en aktiv prenumeration.
Prenumerera på pressmeddelanden från Gigasun AB (publ) via email.
Du prenumererar på följande språk.
Välj vilka språk du vill prenumerera på.
Modular Finance AB kommer att hantera vissa av dina personuppgifter om du väljer att prenumerera. Mer information om vår personuppgiftshantering finns här.
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Energi & Miljö |
| Industri | Energikällor |
2024-09-24 09:45:00
On September 23, 2024, China's government unveiled a comprehensive stimulus package to address the slowing growth of the country's economy.
Among the most important measures are a 50 basis point reduction in reserve requirements for banks and lower mortgage rates. The aim is to create liquidity in the market by increasing lending and supporting the weak property market, a sector that has been hit particularly hard in recent months. Ultimately, the stimulus aims to achieve a growth target of 5% for the year. Market reactions were positive, with Chinese stocks rising immediately after the announcement. This suggests that the market had expected some measures, but that the scope of the package was larger than expected.