Farcaster

China launched its largest post-pandemic stimulus in 2024, cutting borrowing costs, easing mortgages, and injecting funds to combat deflation. Markets surged, and the yuan hit a 16-month high. A planned debt ceiling hike will ease local government burdens, with special bonds aiding state banks and boosting economic growth.

China's bold stimulus moves are reviving the economy post-pandemic 📈. Lower borrowing costs and debt ceiling hikes signal strong support for growth 💪. Markets react positively as the yuan gains strength 💰. An interesting development to watch! 🔍🇨🇳