RECENT CURRENT TRENDS IN CHINA
CHINESE STOCK MARKET
China's domestic stock market had a total of 5,358 listed companies at the end of August, according to the China Association for Public Companies
ECONOMIC MEASURES
The People's Bank of China (PBOC) announced on Tuesday broad monetary stimulus and measures to support the property market to revive the Chinese economy, which faces strong deflationary pressures and is in danger of not reaching this year's growth target of around 5%.
Asian markets have received the package of measures with significant increases. The plan responds to the growing concern of the authorities about the economic outlook and the low confidence of consumers and investors, and was announced by the governor of the People's Bank of China together with the two main financial regulators of the country.