Read the article below and answer the following question in a detailed paragraph. The article is at the bottom. The first part is a summary.

As China's stock market faces downturns in 2024, investors look to the Japanese and Indian markets as an alternative. Some predict that Beijing will commit significant stimulus spending to boost the economy again. This along with the Central Bank's 0.5% cut to reserve requirement ratios for banks has already improved market sentiment. A short-term rally thereby seems likely, but the longevity of the market's success will depend on the government's fiscal and monetary policy changes, or lack thereof. For now, investors may turn to more reliably expanding industries such as EVs or semiconductors or stocks more dependent on European economies.

1. How has China approached economic crashes in the past? Why or why not may the government implement similar strategies now?

A Smarter W ay to Play 'China Bailout Roulette'

Chinese stocks are surging on a big reserve ratio cut and rumors of animpending bailout. Tread with care.

Will Beijing bring out its big bazooka to rescue China's battered stock market? That is the billion-dollar question as investors try to time the bottom for Chinese stocks. But they might be wise to also look at some easier bets. Chinese stocks are off to a bad start in 2024, after doing poorly over the last couple of years. Foreign investors have fled the country to chase other markets like Japan and India. And Chinese markets are trading at pretty cheap valuations already. China's CSI 300 index trades at 10.4 times last 12 months earnings- compared with a 10-year daily average of 12.5, according to Wind. Hong Kong's Hang Seng Index trades at an even deeper discount: eight