Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why China Stocks Are Rallying Despite New Tariff Threats
Chinese equities are posting their best week in months, even as the U.S. proposes sweeping new tariffs on 60 economies over forced labor trade practices. Lucas and Luna break down the apparent contradiction: the KWEB ETF up nearly 5% in five days, Baidu surging 5.2%, NIO climbing 4.5% — all against a backdrop of renewed trade tension. They explore three forces that may be driving the divergence: expectations that Beijing will roll out aggressive stimulus, a tech-sector rotation independent of macro headlines, and a yuan that's holding steady near 7.2 against the dollar despite the noise…
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