Chinese Tourists Are Staying Home

✈️ 🇨🇳 China’s slower-than-expected economic recovery has left its population more hesitant to spend money heading abroad. The result: the number of Chinese arrivals in five Southeast Asian countries varied between 14% and 39% in May compared to the 2019 numbers
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China PPI Declines

🇨🇳 🇨🇳 BREAKING: China’s Producer prices sank 5.4% in June from a year earlier, according to China’s National Bureau of Statistics. This was weaker than a Reuters poll that had expected a 5.0% decline, compared with the 4.6% decline in May
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Chinese Stocks: A $28 Billion Threat

🇨🇳 🇨🇳 BREAKING: China’s stock market is facing a wave of selling as money locked up in stock funds matures—More than 200 billion yuan ($28 billion) of cash that’s been stuck in mutual funds over the past three years is about to be freed up, according to data compiled by Morningstar Inc
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Malaysia: It’s All Unravelling

🇲🇾 🇲🇾 BREAKING: In the rural Malay-Muslim belt of Terengganu and Kelantan, unhappy residents are blaming Prime Minister Anwar Ibrahim – eight months into his premiership – for Malaysia’s declining economy, rising cost of living and inflation
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💵 💴 Power Of Passive Income: NEW Managed Fund Returns 24.01 per cent From May Till Now
The Returns
1/5-5/5 2.12%
8/5-12/5 2.23%
15/5-19/5 2.02%
22/5-26/5 1.81%
29/5-2/6 3.02%
5/6-9/6 2.48%
12/6-16/6 2.45%
19/6-23/6 2.66%
26/6-30/6 2.62%
3/7-7/7 2.60%
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Walmart Is Becoming A Tech Titan

🍳 🍳 Special Report: Walmart Is Becoming A Tech Titan
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Bears Unwind Equity Bets

🇺🇸 🇺🇸 BREAKING—Bears Unwind Equity Bets: Bearish positions in exchange-traded funds have slipped to three-year lows while *shorts in S&P 500 futures have been unwound at the fastest pace since 2020
The population of optimists is exploding, with bullish newsletter writers in Investors Intelligence survey outstripping bearish ones by 3-to-1, the highest level since late 2022
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