Finance

In recent years, China’s consumer spending has languished in the wake of the Covid-19 pandemic, with retail sales hovering around a dismal growth rate of 3.5% in 2022. This stands in stark contrast to the pre-pandemic average of 9.7%, marking a significant decline in consumer confidence and expenditure. It’s easy to point fingers at external
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Despite a reported uptick in consumer spending among China’s e-commerce giants, the reality remains that this growth is far from the exuberant pre-pandemic levels witnessed as recently as 2019. The latest financial disclosures from firms like Alibaba and JD.com demonstrate a flicker of hope, with year-on-year revenue growth indicating a positive trend. “Consumption growth is
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The financial atmosphere surrounding U.S. stocks is beginning to change, fostering a renewed sense of optimism among investors. Morgan Stanley’s Mike Wilson has pinpointed a potential resurgence within the market, highlighting a capitalist revival that celebrates quality and performance over short-lived speculative maneuvers. Interestingly, Wilson begins his analysis by shedding light on what he terms
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In an era where artificial intelligence (AI) is often touted as the linchpin for future growth and innovation, China’s leading tech entities like Ant Group are cleverly navigating the challenges imposed by geopolitical tensions. Recent revelations confirm that Ant Group is leveraging a combination of both Chinese and American semiconductor technology in their AI systems,
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In recent discussions surrounding economic policies, one message resonated loud and clear from Federal Reserve Chair Jerome Powell’s recent comments: tariffs are a direct cause of rising consumer prices. The Federal Reserve has adjusted its inflation forecasts, expecting heightened inflation in the coming years, primarily due to the fallout from tariffs imposed during the Trump
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In a recent discussion on CNBC’s “The Exchange,” renowned investor Danny Moses voiced his apprehensions about the current economic landscape, pinpointing a critical oversight in how the market perceives the federal government’s spending cuts led by the Department of Government Efficiency. Moses argues that these sweeping budget reductions, which many investors seem to dismiss, could
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