China's Economic Slowdown Prompts Market Support Measures

The People's Bank of China unveils strategies to bolster markets as the economy experiences its slowest growth in over a year.

China's GDP growth slowed to 4.6% in the third quarter, marking the least expansion in six quarters.
The People's Bank of China announced new programs to inject cash into the stock market, boosting investor confidence.
Chinese stocks rebounded with the CSI 300 Index rising 3.6% following the central bank's support measures.
Despite the slowdown, September data showed signs of recovery, with retail sales and industrial production improving.
Concerns persist over deflationary pressures and the struggling real estate market, necessitating continued policy intervention.