"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging buybacks," David Tepper said.

Investing.com -- Billionaire investor David Tepper said he is buying more of “everything” related to China after Beijing introduced unexpectedly aggressive stimulus measures to prop up the country’s slowing economy. Tepper, who founded Appaloosa Management in 1993, explained that his decision stems from the policy shift made by Chinese leaders.

In this video, I will go over David Tepper's Appaloosa Management portfolio and talk about why he's increasing his investments in Chinese stocks. Check out the short video to learn more, consider subscribing,

David Tepper, founder of Appaloosa Management, said he is going “all-in on China” after announcements of huge stimulus measures to boost the country's economy. In a CNBC interview, the billionaire hedge-fund manager said he is bullish on all things China (NASDAQ:MCHI),