China is to launch a shopping campaign during the Spring Festival holiday to boost consumption
Newsquawk Staff ·
China is to launch a shopping campaign during the Spring Festival holiday to boost consumption.
What it means
China's planned shopping campaign during the Spring Festival holiday is a strategic move to stimulate consumer spending amid economic pressures. This initiative could signal a commitment to boosting domestic demand, which is crucial for sustained growth and may influence regional asset flows, particularly in consumer-related sectors and commodities linked to Chinese demand.
Sources
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)
- Super Micro Computer Inc. (SMCI) Q1 2027 (USD): Adj. EPS 1.81 (exp. 1.20), Revenue 19.9bln (exp. 16.02bln)
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)
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