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China’s Third Plenum Preview

Bloomberg Daybreak: Asia Edition

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Outlook for Retail Sales and Netflix's Growth Strategies

The chapter analyzes the weak outlook for retail sales in June, attributing it to declining consumer spending influenced by factors like high interest rates, decreasing prices, and reduced income growth. It also delves into Netflix's growth strategies, including live comedy shows, ad-supported tiers, and upcoming initiatives like streaming live NFL games and advertising revenue, contributing to its strong subscriber momentum and revenue growth.

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