China’s central bank just threw a monetary policy party, cutting key interest rates and freeing up cash for banks to boost the economy. 💸 The move, announced Friday after a high-level Politburo meeting, sent stocks soaring as investors cheered the stimulus aimed at revving up growth.
Ben Harburg from MSA Capital called the decision a \"game-changer for global investors\", especially with Beijing rolling out plans to stabilize sectors like tech and real estate. 📊 Overseas institutions are now eyeing China’s markets like never before, he told CGTN.
Why does this matter? 🤔 With youth unemployment and property market jitters making headlines, these measures show China’s doubling down on economic resilience. Think of it as a financial adrenaline shot – and markets are here for it. 🚀
