China Doubles Down on Moves to Avert a Financial Crisis China’s leadership has initiated several policies to stabilize its economy and prevent a financial crisis. These include a series of fiscal and monetary measures, such as freeing up billions for property lending and other spending, cutting bank reserve requirements, and introducing new rules to encourage bank loans to property developers. This move comes as a response to the economic slowdown and challenges faced by China’s real estate sector, a key driver of its economy. The Chinese government is acting assertively to prevent a deflationary spiral and stabilize financial markets, crucial for global economic growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Iran’s Currency Hits a Record Low READ MORE What Does the Red Sea Disruption Mean for Europe's Economy? READ MORE Fed's Focus Shifts: Slowing Quantitative Tightening is Key READ MORE BIS Report Signals Turning Point in Battle Against Inflation READ MORE How Gen Z's Interest in Gold is Shaping the Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment