US

Hopes For Chinese Stimulus Are Waning And That's Been Bad News For Stocks

Chinese stocks fell to a 3.5 year low as industrial profits declined and hopes of aggressive monetary policy easing waned.

Despite policymaker’s saying growth is a priority and a slowdown in the economy that is still raising concerns of a hard landing, it looks like there’s no massive stimulus coming and that rate cuts are also off the table for the moment.

Produced by Daniel Goodman

Don’t Miss:

This Is Why The iPhone 5 Is Guaranteed To Be A Smash Hit

The Real Reason E-Commerce Is Becoming M-Commerce

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.