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Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to jump-start growth. It just might not be enough.

It is the first time I’ve ever seen the Chinese central bank directly use its own money to support the stock and real estate markets,” says Lu Xi, an assistant professor focusing on China’s economics at the National University of Singapore.

Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation and the global economy after meetings with counterparts in Beijing during a two-day visit.

If you’ve been following the Chinese economy through 2024, you’d know the country has been unveiling stimulus announcements and policies all year. Coming in at around once-monthly, the market has consistently shrugged as the Red Dragon continues to remain near deflationary territory with consumer sentiment depressed following the world’s most