Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fix the country's biggest problems.

Getting out of the deflationary hole China dug itself is vital, and in the short run all stimulus will help. But for the long term, China needs to stop digging and start consuming

The Chinese government will have to act “very quickly in the weeks ahead to implement additional measures if they wish to get to the 5 per cent target” via @ft — Oliver Stuenkel 🇧🇷 (@OliverStuenkel) September 24,

China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's economy.