From InvestorPlace: 2024-06-10 14:45:51

China’s economic recovery remains uncertain as consumer inflation edges up while factory activity shrinks, signaling an uneven recovery. President Biden’s higher tariffs on Chinese imports impact various sectors and reflect skepticism about China’s economic state. Declining sales, deflation, and real estate market struggles further cloud the outlook for China’s economy.



Read more at InvestorPlace: Biden Pushes Back on the Case for China’s Economic Rebound. That’s Bad News for Chinese Stocks.