Bloomberg Daybreak: Europe Edition

China Stock Rally Fizzles, Reeves' Tax Plans Falter & US Tariffs Impact

Oct 8, 2024
Winnie Su, Bloomberg's Asia equities reporter, shares insights into the recent cooling of China's stock market rally, driven by skepticism regarding new stimulus measures. Rebecca Chung-Wilkins, Asia government and economy correspondent, discusses the impact of U.S. tariffs on Chinese manufacturers, revealing how American companies are adjusting amidst ongoing geopolitical tensions. The conversation also touches on the ramifications of economic policies in the UK, including tax plans that are meeting unexpected challenges.
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