Don’t celebrate China’s stimulus just yet
It will take more than a spectacular stockmarket rally to revive the economy
China’s policymakers have blinked at last. For 18 months, even as deflation set in and economic sentiment curdled, stimulus was half-hearted and piecemeal. Then last week came a belated turnaround. Officials unleashed a range of easing measures, suggesting that their pain threshold had been reached.
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This article appeared in the Leaders section of the print edition under the headline “Too soon to celebrate”
From the October 5th 2024 edition
Discover stories from this section and more in the list of contents
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A miracle of complexity, powered by rotting fruit
Dismantling Google is a terrible idea
Despite its appeal as a political rallying cry
Socially liberal and strong on defence, Japan’s new premier shows promise
But he must ditch his more eccentric ideas if he is to control his party
The year that shattered the Middle East
Kill or be killed is the region’s new logic. Deterrence and diplomacy would be better
YouTube’s do-it-yourself brigade is taking on Netflix and Disney
Legions of self-taught film-makers are coming for the television industry
An Israel-Hizbullah war would be a disaster for both
Both must find a way to step back
