China released a series of measures to stimulate its struggling economy.
The Chinese central bank has injected billions of dollars to boost investments. On Monday, it said it had bought 200 billion yuan ($28.5 billion) of government bonds in open-market operations in September. The bank lowered interest rates last week to stimulate consumption.
Reuters, citing sources, reported that mega-cities Shanghai and Shenzhen are planning to lift key home purchase restrictions in the coming weeks.
Chinese stock markets responded positively, with its biggest daily gain since 2008.
But is this enough to boost the confidence of investors to return to China? Richard Stern, director of the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation, breaks it down.