Archive for January 8th, 2024

New Overnight Developments Abroad - Daily Update

Investors Remained Worried about Chinese Economic Prospects

January 8, 2024

China’s economy lost its mojo during the pandemic. No other country kept harsh social restrictions as long as China, and the abrupt lifting of such a year ago gave economic activity and aggregate demand a much smaller lift than hoped. The Shanghai Composite’s overnight drop of 1.4% overnight and 2.9% drop since end-December represent an […] More

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