China has launched its largest stimulus package since the pandemic in a bid to invigorate its faltering economy. This extensive set of economic measures includes significant interest rate cuts and adjustments in mortgage down payments aimed at bolstering consumer confidence and spending. However, analysts suggest that more than just monetary easing is needed for sustainable recovery, as fiscal policies appear to be lacking in the implementation. While market reactions have been positive, with Chinese stocks experiencing a surge and impacts felt across global markets, doubts persist regarding the effectiveness of these efforts in addressing underlying economic challenges. The recent steps taken by the People's Bank of China have raised hopes for a rally in share prices, but the pressing issues of consumer sentiment and real economic impact remain critical points of concern.