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China’s $11 Trillion Stock Market Is a Headache for Both Xi and Trump
6 Articles
6 Articles
Colorado Springs Gazette
Denver GazetteChina’s $11 trillion stock market is a headache for both Xi and Trump
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market.
Xi and Trump struggle to make China spend
The post Xi and Trump struggle to make China spend appeared on BitcoinEthereumNews.com. Many people in China save instead of spend because the stock market has been weak for years. Families keep cash in the bank, and even leaders like Xi Jinping or Donald Trump would struggle to change that. Even after the recent rebound, China’s main stock indexes are only back to where they were after the crash a decade ago according to Bloomberg. In that time…
According to media reports, the market structure is in disarray. The stock market, which was launched 35 years ago, was intended to use domestic savings to help state-owned companies build roads, ports and factories. In this, little attention was paid to providing returns to investors, which has led to an increase in supply and listings, which is putting pressure on the $11 trillion market. Let us tell you, China's market has been shaken. Chines…
Chinese consumers are very economical and spend little
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