European stocks set to inch higher with U.S.-China tensions, China data in focus

European stocks will be striving to follow the, where stocks broadly advanced after data showed China's industrial profit soared in June as the economy looks to bounce back from coronavirus-induced shutdowns.

However, some caution remains after a fraying of diplomatic relations between the U.S. and China, which saw thedown on Monday in compliance with a retaliatory measure from Beijing, after Washington ordered the closure of the Chinese consulate in Houston. Tensions between the world's two largest economies, along with lingering fears about the coronavirus pandemic in the U.S. and elsewhere, also

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China expands state jobs for graduates as coronavirus hits private sectorChina's thousands of state-owned enterprises, local governments, and public institutions are expanding hiring as a record number of students graduate into a job market left reeling by the COVID-19 pandemic. 'But the bureaucratic life is not as comfortable as it used to be. Previous perks like gifts from local businesses have been cracked down on amid a years-long anti-corruption campaign.' Overproduction to overwhelm the markets. 中国国内だけでいてね、いらないからね、日本にこないで、反日して日本人に何してもいいと思ってる人達こないで。他人の敷地に勝手に入ったりする気持ち悪い。
Source: Reuters - 🏆 2. / 97 Read more »