It's late, very late. But it's all well planned because of capital flight due to high interest rates in the US. Whatever China is doing now is trying to keep liquidity within the country to promote growth. But first, policy makers should first reward and revive it's stock market first, to uplift overall sentiment and wellbeing of investors which in turn encourages spending.
China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
