Anthony Cristiano:
China has been faced with serious inflation and a slower economy and low interest rates. There is a big meeting happening with Biden and XI Jinping and this might find a way to close that gap after China announced that they are facing a 11.8 billion dollar deficit. This shows us that many companies are earning profit but not investing it back into the economy. A big name that is moving production is Apple as they believe that costs have been too high and moving some of their plants to India might bring them more revenue.
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