China considers $278B rescue package to stabilize markets

According to a Bloomberg report, China may enact a rescue package worth 2 trillion Chinese yuan - equivalent to upwards of $278 billion - to stabilize markets after massive losses tied to the pandemic. The stimulus plan aims to buoy the struggling Chinese economy and flailing equities markets.
Yahoo Finance's Seana Smith and Brad Smith break down the details.
#youtube #stockmarket #China
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[@comfortlee1418]

This is a general trend across emerging markets, an exit from markets

[@bulthaosen1169]

No it's not. It's next door neighbor india is doing good.

[@mjhou4123]

Well, Taiwan and Japan markets are doing very well. Even Korean market has recovered.

[@mjhou4123]

So Emerging market without China is actually doing quite well.

[@lokesh303101]

Yes!

[@gouravmisra2317]

Good evening sir 🎉🎉 watching from India 🎉🎉

[@xiphoid2011]

National stock buyback?

[@myusrealtycom]

As China is not trusting, capital leaves

[@marijavasilevska1581]

throwing bad money after bad money!

[@jacoblam8433]

better than spending over 700 billion usd on the military

[@Ronin-FBA]

@@jacoblam8433 $831 billion! Never short change the war machine 🇺🇲🇺🇲🇺🇲🇺🇲

[@narcisochavez9392]

China decided to take the slow path to covid recovery and a slumping stock market was the price to pay as other countries fully opened up and starting injecting money into there markets like USA, so essentially Chinas market is just behind and will at some point recover and surpass there all time highs just like USA did

[@muralichundi]

Only if $ can save anything

[@masterstacks2030]

Fiat money is gravitating towards its marginal cost of production which is close to zero.

[@nicholaslandolina]

2 trillion or 278 billion

[@NimbleBard48]

Yuan vs USD mate.

[@ohimeni]

It's A Trap!

[@chuyenpham3336]

Okkkk

[@stevewilson4718]

Another intervention

[@sporadics]

Could this lead to an inflation like what happened in the US?

[@narcisochavez9392]

yes but china is dealing with deflation right now

[@Angel-ei1ip]

A little inflation is not a bad thing. It’s uncontrollable inflation which is bad.

[@bulthaosen1169]

Inflation is usually a good thing if its low and under control. Deflation is bad pretty much all the time.

[@minshyu]

Nowaday, Bloomberg often has first-hand coverage of high-level discussions in the Chinese government. Unfortunately, Bloomberg has exposed that the former US-WSJ’s agents in China are now working for them.

[@jeffreyrichardson]

chinese rice paddy william rogers capes caddy john goffreds daddy

[@ibrahimseth8646]

Loan=278B Yield=5% Year=30 Loan(30 Year)=1300B Payout(30 Year)=1700B { Loan(30 Year)=1300B Income(30 Year)=400B } Yield(30 Year)=1000% { Yield=8% Yield(30 Year)=1.08^30=10=1000% } Insurans: Payout(30 Year)=1700B Premium=? Yield(30 Year)=1000% Premium=1700B/1000% Premium=170B Loan=278B { Premium=170B Extra=108B } Thank you.

[@munirzaidi5602]

[@gsyn7570]

don't get trapped. fundamentals are weak and weakening.

[@comfortlee1418]

You can say the same about the United States

[@xiphoid2011]

​@comfortlee1418 not really, look at the fundamentals for S&P 500. A little overpriced right now but it is strong as revenue and profits are mostly going up.

[@user-xq7ry4ui1z]

Alibaba revenue is up +800% and earnings +500% vs. 2014, yet shareprice is below. This is just a full blown undervaluation.

[@chad872]

@@comfortlee1418no you can’t…

[@narcisochavez9392]

one of the biggest economies in the world has had a 50-60% drop on its major stock indices all while USA is hitting its all time highs in the stock market, creating the biggest gap between both marketst in history. With China having a GDP of more than 5% for 2023 and USA's GDP was lower. This is definitely a value and growth narrative, that gap will eventually close and Chinas stock will go back up, Daily cost Averaging into the Emerging market is the best way to go, higher reward and at these lows its lower risk. Rather buy low in chinese stocks than to buy high in USA stocks. Plus you know with everyone being bullish some of that liquidity will have to spill over to sectors that have been neglected such as China and small caps

[@muffinjones001]

You might want to triple that or even quadruplet that amout. It's not going to help. You're a financial organization that dictates what the world does by your words. Do you even know what's going on in China right now? Have you ever heard of tofu food construction?

[@mjhou4123]

The Chinese market has lost about 7 trillion RMB over last three years. I don’t think 2 trillion RMB will be enough not to mention the fact that they are not doing anything to address the root cause of economic problems.