Global investors have waited a long time for Beijing to acknowledge "enough is enough" and save its ailing economy. Despite a positive reaction in the Chinese stock market, the stimulus package unveiled Tuesday resembles more of a pellet gun than a bazooka.

In what amounts to a massive adrenaline shot for the world’s second biggest economy, China’s central bank unveiled a series of economic stimulus measures on Tuesday. China’s economy has been dogged by a property market crisis,

The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.

Chinese central bank stimulus boosts property market and stocks. Shanghai Composite up 3.5%, Hang Seng climbs 3.7%.

China unveiled more measures to boost its stuttering economy in a rare briefing by the head of the central bank, along with the securities and financial regulators. Here are the key takeaways from the

China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector and restore market confidence. Stocks and bonds jumped after the announcement.

China's central bank introduced its largest stimulus since the pandemic to rejuvenate the economy, including funding and interest rate cuts. Analysts, however, caution that more fiscal measures are necessary to achieve growth targets.

Nio’s stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China’s central back implemented to try to jump start the sagging economy.

China's central bank on Tuesday announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year's growth target.

People's Bank of China Governor Pan Gongsheng announced the measures in a rare news conference China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy.