this post was submitted on 14 Mar 2025
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World News

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Chinese stocks jumped on Friday after Beijing promised new measures to help consumers, defying a Wall Street sell-off and pushing the country’s main stock index into positive territory for the year.

Chinese authorities announced late on Thursday that they would hold a press conference on “boosting consumption” on Monday. This helped push the country’s CSI 300 benchmark 2.4 per cent higher. Hong Kong’s Hang Seng index climbed 2.2 per cent.

The CSI 300 is up 1.8 per cent year to date and the Hang Seng has gained 19.4 per cent since the start of the year, while Wall Street’s S&P 500 is down 6.1 per cent.

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[–] [email protected] 36 points 3 days ago
[–] [email protected] 15 points 3 days ago

Why aren't the tarifs working, is fox news lying to me?

[–] [email protected] 4 points 3 days ago

The art of the golden shower.

[–] [email protected] 2 points 3 days ago

Question for those more well versed than me.

Is there a "social democracy is superior" lesson from this that I can rub into my Trump Thumper families faces?

[–] [email protected] 1 points 3 days ago

America = rek China = kek