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PBOC's Bold Moves: Can China Buy Some Time Before The Inevitable? | Morning Check-In
China's $113B stimulus: A quick fix or the start of deeper economic woes? A correction is coming at some point. Experience gold like never before—own spendable 24K GoldNotes today and secure your wealth with real, affordable gold in hand! http://buygoldnotes.com
China has taken a number of steps to steady its financial markets and boost growth in reaction to its economy slowing down. This includes more than $113 billion in cash aid, lower interest rates, and efforts to make the stock and real estate markets stronger. But will these steps be enough to fix long-term problems with growth and win back the trust of the market? We look at how China's People's Bank is supporting the economy, the purpose of buying back shares, and how markets around the world are responding in this video. Can China reach its goal of 5% growth?
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