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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan shares its 'non-consensus' view on China's property marketWendy Liu, chief Asia and China equity strategist at the investment bank, says the property market should show signs of stabilization in the second half of 2024.
Persons: Wendy Liu Organizations: JPMorgan Locations: Asia, China
“We have warned for years that either the United States would write the rules for digital trade or China would,” Senator Mike Crapo, a Republican from Idaho, lamented in a press statement. That paper explains how U.S. trade officials came to champion a digital trade policy agenda that was nearly identical to what Google, Apple and Facebook wanted: No restrictions on the flow of data across borders. No laws that would curb monopolies or encourage more competition — a position that is often cloaked in clauses prohibiting discrimination against American companies. Many smaller tech companies complain that big players engage in monopolistic behavior that should be regulated. A group of smaller tech companies called the Coalition for App Fairness thanked Ms. Tai for dropping support for the so-called tech-friendly agenda at the World Trade Organization.
Persons: Mike Crapo, Biden, Tai, Wendy Li, Ms, Li, Henry Gao Organizations: Republican, Facebook, Google, University of Wisconsin, Trump, Microsoft, Apple, Coalition, World Trade Organization Locations: China, United, Idaho, Madison, United States, Mexico, Canada, Washington, Singapore
The ramifications for global markets are significant, with Washington and Beijing's determination to loosen dependence on each other fraying long-established supply chains. Many central banks target 2% inflation; market gauges of traders' long-term U.S. and European inflation expectations are running higher , . Anna Rosenberg, head of geopolitics at the Amundi Investment Institute, said Sino-U.S. tensions, provide a "new lens" through which to analyse emerging markets' growth prospects. But the performance of big U.S. tech stocks and global share indices are vulnerable to signs of Chinese retaliation. With China underperforming global stocks, investors are split on how to approach this market.
Persons: Dado Ruvic, Joe Biden, Goldman Sachs, Wouter Sturkenboom, Laura Alfaro, Anna Rosenberg, Christopher Rossbach, J, Stern, Carole Madjo, Wendy Liu, Baird, Patrick Spencer, Naomi Rovnick, Kripa Jayaram, Riddhima, Vineet, Sumanta Sen, Pasit, Louise Heavens Organizations: REUTERS, EMEA, APAC, Northern Trust, Reuters, Research, Harvard Business, Amundi Investment Institute, INDIA RUSH, Barclays reckons, EU, Apple, China, Barclays, JPMorgan, Thomson Locations: West, China, Washington, Western, Germany, Northern, Europe, FRIENDSHORING Washington, Vietnam, Mexico, Mongolia, Philippines, Sino, U.S, India, Beijing, COVID, CHINA
Tiny Love Stories: Oh, August!
  + stars: | 2023-08-22 | by ( ) www.nytimes.com   time to read: 1 min
What I Can Still SeeI didn’t think I was grieving when my ex-husband died this summer, but my body told a different story. I slept poorly, overate and mistakenly drove toward our long-ago home, not my present one. Friends wrote sympathy notes, saying they hoped I would “treasure the good times.” It surprised me that I could. In the old photos our adult children asked for, I can see the pleasure we were having. This may be another gift of aging: Without dismissing the awful times, it’s still possible to hold the joys.
Persons: it’s, Wendy Lichtman
We're positive on China's internet stocks, JPMorgan says
  + stars: | 2023-07-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're positive on China's internet stocks, JPMorgan saysWendy Liu, JPMorgan's chief Asia and China equity strategist, says digitalization and artificial intelligence development will give companies a "huge edge."
Persons: Wendy Liu Organizations: JPMorgan Locations: Asia, China
The region's rally – supported by China's reopening – seems to have hit a wall, but economists say MSCI's broadest index of Asia-Pacific shares outside Japan has further room to run. I still expect the Asian stock markets will outperform their U.S. peers after a short-term correction on China's reopening in 2023. "Modest valuations, light investor positioning and good fundamentals are buffers that should help Asian stocks withstand near-term volatility," BNP's Liu said. She added that domestic demand in the region will be the "driver of economic growth," and she expects trade volumes to recover with China's market reopening. "I still expect the Asian stock markets will outperform their U.S. peers after a short-term correction on China's reopening in 2023," she said.
JPMorgan named five stocks it recommends to buy amid an expected rise in the broader Chinese stock market during February. The investment bank said it "remains bullish" on Macao casino operator Sands China and Galaxy Entertainment , and Hong Kong retail landlords Wharf REIC , LINK and Fortune REIT . Strategists at the Wall Street bank attributed last week's sell-off in Hong Kong listed shares as profit-taking by some investors. They also said the broader market rotate into "quality laggards in consumption as well as value cyclical and growth spaces." However, JPMorgan's Kim said analysts' expectations are due to jump higher on the positive data points.
Google "raters" who test and evaluate search quality say they aren't fairly compensated. This means the raters are not technically Google employees, even though they are tasked with improving its services. In this latest action, workers in the Alphabet Workers Union have organized a visit to Google's headquarters to deliver a petition addressed to Prabhakar Raghavan, the senior vice president at Google overseeing search. Now many tech workers have considered joining unions as mass layoffs have swept the industry in recent months. In 2021, tech workers at The New York Times formed a union.
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