Bullish sentiment towards stocks is rampant in the US, as one Wall Street strategist after another raises their target for an S&P 500 Index that is repeatedly setting records. Yet as optimism about further gains has solidified into something resembling a consensus, even the most bullish are clear-eyed about a growing list of issues that…
China has vowed to maintain its macro policy support for the rest of 2025 as the country seeks to navigate economic risks – both external and internal – in the second half of the year and plan for its next half-decade of development. After a meeting of the Communist Party’s 24-member Politburo – a major…
That would represent as much as a 48 per cent overall growth this year for China’s AI capex from 2024, BofA Securities’ co-head of China equity research Matty Zhao, who also heads Asia-Pacific basic materials, oil and gas research at BofA Global Research, said in an interview on Monday. Government investment is expected to account…