China stocks rise after central bank speeds up stimulus measures

China stocks rise after central bank speeds up stimulus measures

FILE PHOTO: People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo

Chinese stocks rose on Friday after the central bank urged swift adoption of financial policies to support capital markets and flagged more rate cuts, but a slew of mixed economic data kept up pressure on policymakers for more stimulus.