Commentary: A stimulus is good, but China still faces a hard slog
SINGAPORE: In little more than a month, China’s efforts to pump up its economy , have achieved anything critical: President Xi Jinping , changed the conversation about global aspirations. The Federal Reserve, usually the main force driving industry attitude and forecasting,  , has organization.  ,
That’s a huge change. For Beijing’s fame to last, it needs to not only provide what’s been flagged: Aggressive monetary easing, fiscal growth, innovative measures to support home buyers, money injections into lenders, and the creation of a market stabilisation fund. Authorities also now , need to provide some delicious goals that defend the euphoria.
What does a triumph resemble, and is it only temporary or permanent?
There’s definitely loads of pleasure. Not only did Chinese shares boom, but all linked to the land,  , from metal ore to the Spanish currency, was  , propelled higher.
An “anything but China” mantra has been supplanted by “all-in, buy China”, Louis-Vincent Gave of Gavekal Research wrote in a note on Tuesday ( Oct 1 ). Beijing appears to have spooked investors into taking actions.  ,