Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
How China Tech Stocks Rally on Fed Pause and Stimulus
The Fed held rates steady on July 29, 2026, but the Dow plunged 1,000 points. Yet Chinese tech stocks are surging: the KWEB ETF gained 6.2% in five days, with Pinduoduo up 6.8% and JD.com up 7.3%. Lucas and Luna explain how China's domestic stimulus and yuan stability are drawing investors away from the U.S. market, even as China's trade deficit widens to a record $77.6 billion. They break down the rotation into Chinese e-commerce and AI plays, and why the yuan's peg at 6.77 per dollar offers a haven for capital.
#China #TechStocks #FedPause #KWEB #FXI #PDD #JD #TradeDeficit…
The skinny
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