China Stocks Rally as Xi Jinping, Beijing Step Up Economic Support
Chinese stocks pared gains as traders question whether Beijing’s latest stimulus measures will have the firepower to rescue the ailing economy. The CSI 300 Index gained 0.5% as of 1:39 p.m. local time, more than halving its earlier advance. The Hang Seng China Enterprises Index was up 1.1% after gaining more than 3%. The gauge … Read more
