$Alibaba (BABA.US)$ China economy market by 2H24 might change to massive, higher consumption growth vs before. China government policy is setting up to provide better incentive, discounts vouchers for goods to boost citizen purchase, similar to print money to citizen vs increase funding on infrastructure. This might be a new turning point to China economy in 2H24, like US print $trillions dollar to save economic from covid crisis.
Higher opportunity to grow higher by 2H24 with this new stimulate economy policy, give higher share market up
Yan Zhang8 : Don't keep dreaming. China is being North Koreanized, and all industries are in extreme depression. Store after bankrupt enterprise continues to lay off employees.
李白的李 Yan Zhang8 : Shouting empty is OK, but you can't be stupid
Yan Zhang8 李白的李 : You can invest in China
104174101 : China go back to 1970’s
102559790 : china talk more than act. many commitment made in the past still at the beginning of implementation. now they verbally committed more action, likely will take years to materialise.
Thelord 102559790 : Chinese officials busy with collecting bribes rather than acting for the country. Actually the merchants also earned a lot of money but those are funneled into their own pockets rather than to pay taxes or shareholders. The way to invest in China is definitely not through stocks