China to flesh out economic stimulus plans after bumper rally

China to flesh out economic stimulus plans after bumper rally …C0NTINUE READING HERE >>>

China has unveiled a string of measures aimed at boosting the world’s number two economy, particularly the property sector.
Photo: Hector RETAMAL / AFP
Source: AFP

Top Chinese economic policymakers are expected to flesh out a raft of growth-boosting policies on Tuesday, after the announcement of long-awaited stimulus measures last month sparked a blistering stock market rally.

Beijing has struggled to kickstart the economy as officials target around five percent growth this year — a goal analysts say is optimistic given the numerous headwinds, from a prolonged housing crisis to…

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