Archive for April 25th, 2023

New Overnight Developments Abroad - Daily Update

Worries about China’s Economy Weigh on Equities but Support Dollar

April 25, 2023

Multiple concerns continue to percolate about China’s economic outlook such as insufficient growth in the labor force, Xi’s policy shift toward security at the expense of growth, trade tensions with the U.S., excessive debt, and an imbalanced domestic property sector. Share prices fell Tuesday by 1.7% in Hong Kong, 1.6% in Taiwan, 1.4% in South […] More

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