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monetary policyCNBC
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77% Informative
China 's latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts say.
"The 'shock and awe' strategy could be meant to jumpstart the markets and boost confidence," said Ting Lu , chief China economist at Nomura .
Growth in the world's second -largest economy has slowed, dragged down by the real estate slump.
An important takeaway from Thursday 's high-level government meeting was support for capital markets.
"Hopefully this meeting is going to correct this misperception," said Bruce Liu , CEO of Esoterica Capital .
"For China to keep growing in a healthy way, [they] really need a well-functioning capital market," Liu said.
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