Earnings Show China's Economy Remains In A Downward Spiral

By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and strategists

Three things we learned last week:

1. Corporate earnings show the China economy is nowhere close to bottoming out. From e-commerce giants to mega banks, profit disappointments have weighed on stocks, prompting the authorities to step up efforts to support the market.

Authored by Tyler Durden via ZeroHedge September 1st 2024