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Article on tag "ERSTE STOCK EM GLOBAL"

China prepares economic stimulus package in response to recession and looming trade war
China prepares economic stimulus package in response to recession and looming trade war

China prepares economic stimulus package in response to recession and looming trade war

The former growth engine China is having trouble getting back on track. Geopolitical tensions, the crisis in the domestic real estate sector and weak domestic consumption are hampering the country’s economy.

The government in Beijing is using billions in support measures not only to counter the economic downturn, but also to brace itself against the tariffs announced by US President-elect Donald Trump. But can these measures also help the faltering Chinese stock market?