Bloomberg Daybreak: Asia Edition cover image

Traders Look to Jackson Hole For Hint on Fed Direction

Bloomberg Daybreak: Asia Edition

CHAPTER

China's Economic Policy Shift

This chapter explores China's pivot towards enhancing domestic demand as emphasized by Premier Li Qiang, while also assessing the mixed fortunes of major private sector companies like Tencent and Alibaba. It sheds light on stagnant earnings across the MSCI China index and the challenges facing the internet sector amidst a struggling economy, despite minor recoveries in housing and consumer-oriented industries.

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