China is ramping up stimulus to boost market confidence — but is it enough?
BEIJING, CHINA – NOVEMBER 08: Pan Gongsheng, governor of the People’s Bank of China and head of the State Administration of Foreign Exchange, speaks during the Annual Conference of Financial Street Forum 2023 on November 8, 2023 in Beijing, China. (Photo by VCG/VCG via Getty Images)
Vcg | Visual China Group | Getty Images
BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the central bank’s easing announcements on Wednesday.
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