China’s Economic Recovery Helps Drive Its Stocks Higher

  • 📰 WSJ
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Chinese stocks have fared better than their U.S. counterparts for much of this year, and more gains are likely as the country’s economic rebound gathers steam

China’s fast recovery from the coronavirus pandemic helped power a large stock-market rally this past summer. More gains are likely as the country’s economic rebound gathers steam.in less than two weeks. The benchmark has given up some of those gains and is up 5.5% in the year to date.

Chinese stocks have fared better than their U.S. counterparts for much of this year. The new coronavirus first in late 2019, and Chinese authorities later imposed lockdowns, travel restrictions and quarantine measures across the country to prevent the respiratory disease known as Covid-19 from spreading widely within its borders., and companies including industrial manufacturers and retailers have experienced a resurgence in global and domestic demand. The International Monetary Fund said it expects China’s real GDP to grow 1% for the full year, while global growth is projected to be negative 4.9%.

The CSI 300 index, which tracks the 300 largest stocks on mainland Chinese exchanges has gained 12% since the start of the year, versus a 3.6% increase in the S&P 500 stock index.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Uh... Wasn't that China's goal? DUH From the genius minds at WSJ!

Actually China 's economy is getting worse , with many manufacturing factories closed, and more than 70 million people lost jobs. WSJ is licking China 's ass, for what ?

human robot

Chinese leaders trust their scientists, which is the key factor to prevent the COVID19.

Wsj another Xi Jinping support.

Seriously, WSJ doesn’t know how Chinese stock market works? Its performance simply depends on the desire of CCP. It will outperform when the situation is dire, because CCP needs to project prosperity and confidence.

Of course! It's easy to plan for events when you're the one who set them in motion.

Lmao is that the lies they’re telling people over there as well?

The world has to face the fact that the coronapandemic is part XiJinping‘s and CPC 3. world war against humanity to become the 21. century super power that dominates the world.

They will need some economic success to be able to pay the reparations they owe the world.

Its very simple logic. US needs China‘s cheap products。China dont need shit from US.

B.s. they have a food shortage. People are starving.

Are you “the CCP street journal”?

the game is rigged. Capitalism is just casino gamblers in suites.

Yeah, well they released the plague on the world for this very reason.

Maybe solving the crisis would have helped our stock market?

You think? When online sales has skyrocketed through this coronavirus b******* who do you think benefits? Everything we buy online from Amazon to Walmart is from China.

Well China created the virus for a reason

Chinese are Unstoppable Now....

They opened up. It appears WSJ carries CCP water

Chinese virus

If you can't verify China's lies, don't report them.

All part of China’s plan to use covid19 to wage economic war on the west...

No wonder they want Trump to win.

chinese stock.. lol

The police is killing people unnecessarily in Nigeria!!! 😩

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Stocks To Short Today As Markets Decline Amid Slowed RecoveryWhile October opened yesterday positively, amid news of President Trump and the first lady testing positive for the coronavirus overnight, global markets tumbled and opened firmly in the red. For investors looking to hedge against volatility, our AI has crunched the data to identify some Top Shorts. Everything just plummeting while the likes of Jeff bezos, Elon Musk and Bill Gates continue making billions overnight. I shorted cock stock
Source: Forbes - 🏆 394. / 53 Read more »

European stock picks to buy, avoid in COVID recovery: Morgan Stanley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If they're sharing this with you now, the time to buy has already passed. Now they're luring in the dumb money. MS is the perfect reverse barometer, whatever they say the opposite must be true.
Source: BusinessInsider - 🏆 729. / 51 Read more »