Summary:
- China rolled out measures to boost its economy during Golden Week and the 75th anniversary of the People’s Republic.
- The plans included support for the property market, stock market, cash handouts, and increased government spending.
- Despite stock market gains and positive reactions from investors, economists warn that these measures may not fully address China’s economic issues.
- To address deeper problems including a downturn in the property market, structural reforms beyond cyclical stimulus may be necessary.