Tesla stock rose in early trading Friday, a sign that it will likely close out another strong week with a big gain. While China’s efforts to jump-start its economy helped this week, the company’s robotaxi event—coming in less than two weeks—is likely to provide support in coming days.

Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.

Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. The CSI 300 index of Shanghai- and Shenzhen-listed companies is up 14.

An abrupt move by China’s leaders to prime the economy with stimulus has produced a powerful rally in the country’s stocks, which have posted their biggest single-week gain in nearly 16 years. On Friday,

By Stella Qiu SYDNEY (Reuters) -Chinese stocks raced toward their best week since 2008 and helped lift Asian shares to 2-1/2-year highs after Beijing rolled out a huge stimulus package to revive the economy,

CNBC's Eunice Yoon joins 'Squawk on the Street' to report on China's rally this week on Beijing's stimulus measures.

Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index, a key benchmark for China’s largest companies,