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September 01, 2020 10:10am
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What China Savings Mean For World Consumer Firms

By Ishika Mookerjee, Bloomberg Markets Live reporter and analyst Investors are betting hard that China’s reopening will boost earnings across the globe this year, with consumer industries likely to reap the largest windfall. Having spent three years under Covid confinement, consumers in the world’s second-largest economy now have more than $800 billion in excess savings that can […] Source
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