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Yellen and Powell agree: the US labor market is weakening the push for inflation, and inflation pressures may continue to ease.
The current labor market is no longer the primary factor driving inflation in the US economy, as it was in the early stages of the pandemic recovery.
Express News | U.S. Treasury's Yellen Says She Is Not Prepared To Answer Whether China's Designation As Developing Country Should Be Revoked, Opposes MDB Lending To China
Express News | GM Says Co & Joint Ventures Delivered Nearly 373,000 Vehicles In China In Q2 2024
Express News | SunCar Technology Group Wins Bid For China Construction Bank Yunnan Branch Long Card Car Wash Service Project; Leverages Extensive Car Wash Service Network To Drive National Expansion
Why Do Chinese Stocks Keep Faltering?
BofA Securities China Equity Strategist Winnie Wu says that's due to a combination of factors, including pressures on China's economy and company earnings, as well as a tense geopolitical environment. She says investors should trim SOE holdings and add quality beta stocks.
Express News | China's Commerce Ministry Says China Has Always Believed That Trade Protectionist Measures Are Not Conducive To Cooperation In The Automotive Industry