Xi's Big Stimulus Week Aims to Draw a Line Under Slowdown.

Chinese President Xi Jinping has implemented a series of measures to stimulate economic growth and address concerns over a slowdown in China. The People's Bank of China has lowered interest rates and provided subsidies for jobless graduates, while the government has pledged to boost fiscal spending and halt declining property prices. These efforts have resulted in a significant increase in the country's benchmark CSI 300 Index. However, while these measures have provided short-term relief, they do not address the long-term challenges facing the Chinese economy, such as declining housing investment and the need for structural reforms. [Extracted from the article]