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China’s much-awaited-stimulus keeps markets going - August 29, 2023
Episode 238
Published 3 years, 2 months ago
Description
Stock markets kept the rebound going yesterday, buoyed by China's efforts to reverse the negative spiral that has taken hold of its economy. Beijing's stimulus is welcome, but it seems a little too disorganized to create mass enthusiasm, at least at this stage. Investors' attention will quickly turn to the macroeconomic statistics that will punctuate the next three sessions.
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