China stages “small” recovery

The CSI 300 index has tumbled 21% this year and in October alone it fell by 8%. But it has since staged a small recovery.

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Li Keqiang: not planning a big government stimulus
(Image credit: 2018 Getty Images)

The CSI 300 index has tumbled 21% this year and in October alone it fell by 8%. But it has since staged a small recovery. A key trigger for this tentative rebound in Chinese shares was a signal from Beijing in the beginning of November that it planned to introduce further stimulus measures in response to persistently weak economic data, says Nicholas Spiro in the South China Morning Post. Government measures to boost the economy have always given Chinese stocks and their global counterparts a fillip: witness the worldwide rallies in 2011-2012 and 2015-2016.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.