China economy hopes boost global equities
On Thursday, China's President Xi Jinping admitted that the country was facing new economic "problems" and pledged to ramp up employment and fix its troubled property sector.
PREMIUM Business
China's President Xi Jinping. Xinhua Photo
By NewVision Reporter
Journalists @NewVision
Chinese stocks surged and major European indices mostly rallied Thursday as China signalled further stimulus measures aimed at lifting the world's second-biggest economy out of the doldrums.
Hong Kong closed up