Chinese Markets Reopen After Holiday Amid Cautious Optimism at Home and Abroad
-
Chinese markets set to reopen after Golden Week holidays amid uncertain global backdrop.
-
Domestic tourism and spending data during holidays boosted optimism, but external risks remain from rising US rates and geopolitical uncertainty.
-
Key economic indicators showing China's economy is stabilizing but not yet roaring back.
-
Investors weighing improved domestic demand against tightening Fed policy and wider US-China rate gap.
-
Pessimism remains high among foreign investors; further policy support seen needed to restore confidence.