China unveils stimulus measures to revive economy amid debt crisis and slow recovery.

China's central bank and regulators have unveiled a series of stimulus measures to revitalize the nation's struggling economy, heavily impacted by a property sector debt crisis and slow post-pandemic recovery. These initiatives aim to lower borrowing costs and enhance market liquidity, fostering demand and investment. Following the announcement, Asian markets experienced a surge, reflecting investor optimism amidst ongoing economic challenges.

September 24, 2024
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