WorldAsiaGlobal economyPrint articleOpinionUnderstand Xi and you’ll adjust expectations for China stimulusWhere Beijing’s powerful state economy is headed will be determined by the Great Helmsman.Richard McGregorColumnistOct 11, 2024 – 1.59pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginTreasurer Jim Chalmers might have thought he had magical powers when he arrived in Beijing in late September as the Chinese government unveiled stimulus measures on the very day he landed.Following the Politburo’s announcement that it would take “necessary” measures to meet “new situations and problems” in the economy, Chinese shares soared and iron ore prices spiked.Loading...Richard McGregor is a senior fellow at the Lowy Institute in Sydney.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreGlobal economyOpinionChinaXi JinpingAFR WeekendLatest In AsiaFetching latest articlesMost Viewed In WorldThe Australian Financial Review MagazineWhat OpenAI’s Sam Altman suggests you do to keep your jobPaul SmithThis Australian watch reseller is making its move on London and NYCMonica Lewinsky might be the most influential feminist in 30 yearsBOSS Financial ReviewThe 3 traits that stand out among this year’s BOSS Young ExecutivesSally PattenHow this elite child gymnast leapt to the top of SportsbetWhat 18-hour days on a farm taught this NAB exec about bankingLife & LeisureThe secret to Oroton’s $123m turnaround successJessica BeresfordMaison Balzac glassware and bendy candlesticks to light up your homeStep inside this modernist penthouse with 360-degree viewsRich ListRich Lister Walker family donate millions to Sydney cancer centreYolanda RedrupThree decades of PMs, fashion icons and the odd person headed for jailFortescue near settlement with US tycoon after energy deal bust-up