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China has taken a number of steps to steady its financial markets and boost growth in reaction to its economy slowing down. This includes more than $113 billion in cash aid, lower interest rates, and efforts to make the stock and real estate markets stronger. But will these steps be enough to fix long-term problems with growth and win back the trust of the market? We look at how China's People's Bank is supporting the economy, the purpose of buying back shares, and how markets around the world are responding in this video. Can China reach its goal of 5% growth?
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
