Beijing’s big policy shift signals new approach to state-market ties

Created
Fri, 04/10/2024 - 04:50
Updated
Fri, 04/10/2024 - 04:50
Much more than a cyclical adjustment, Beijing’s latest policy shift marks a milestone in the history of its economic management. Beijing’s larger-than-expected market rescue plan announced last week is extraordinary in every way. The policies, from interest rate cuts to special funding schemes for the stock market, are significant. But investors are particularly excited about Continue reading »