Reported 17 days ago
Expert Shehzad Qazi discusses with Yahoo Finance the current state of China's economy, revealing that while Chinese stocks are rising due to stimulus hopes and strong export data, the government is reserving its fiscal 'firepower' for potential tariffs from President-Elect Donald Trump. He warns that expectations for robust stimulus initiatives might be overly optimistic as China focuses on managing its existing debt, and outlines possible retaliatory strategies, including export controls and corporate blacklists, in response to aggressive tariff policies from the U.S.
Source: YAHOO