Chinese stocks surge to a 2-year high after China's central bank announces $101 billion of fresh stimulus

 

· China's Shanghai Composite rose to a 2-year high on Monday after the country's central announced $101 billion of fresh stimulus. 
· The index moved up 2.3% to 3438.80. The last time it reached that level was in January 2018. 
· Chinese stocks may have also been supported by a delay in a review of the Phase One...