From Investing.com: 2024-08-27 23:21:48

Alpine Macro analysts warn that Chinese stocks are unlikely to see a sharp rebound soon due to concerns over sluggish growth and limited policy support. China’s economy is said to be experiencing a “slow-motion implosion” with soft private spending and a lack of immediate action by policymakers. The overall stock market is struggling, with Chinese indexes hitting six-month lows and lagging behind Asian peers. Alpine Macro predicts that without a large-scale stimulus program, major breakout is unlikely. China’s economy grew less than expected in Q2, missing the 5% target, which could result in a similar stagnation seen in Japan in the 1990s.



Read more at Investing.com: Too early to bet on a rebound in China stocks- Alpine Macro By Investing.com