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New measures could be a turning point for China economic growth and investor opportunities
- November 1, 2024: Vol. 11, Number 10

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New measures could be a turning point for China economic growth and investor opportunities

by Victoria Mio

Over the past week, China’s government surprised global markets with a series of significant policy announcements, aimed at boosting economic growth, stabilizing the property market and revitalizing the stock markets. This coordinated effort from China’s top regulators — the People’s Bank of China, China Securities Regulatory Commission, and the National Financial Regulatory Administration — marks a decisive shift from debt control to growth support.

But what does this mean for investors, and why do we think it has the potential to be a game changer for China’s economy and equity markets?

CHINA’S POLICY SHIFT

On Sept. 24, China’s central authorities announced a comprehensive stimulus package designed to address multiple economic challenges. This was followed by an off-schedule Politburo meeting on Sept. 26, further signaling the government’s resolve to stimulate economic growth. These measures exceeded the market’s expectatio

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