Shares of Chinese EV maker BYD tumble after Warren Buffett says he’s trimming his stake – fund manager says there’s more to come
Boris Johnson's Likely Successor Wants to Review the Bank of England's Mandate. And Some Are Worried
When asked about what this means for the Chinese electric vehicle market, Liu said Berkshire's latest move could be"warning signs that the market may be [coming] to a big correction." "There is too much uncertainties and I think [Buffett] got a little bit nervous," she said."Maybe this recession in front of us for the U.S. economy and also a weaker Chinese consumption altogether brings down investors' confidence to a larger scale."Looking ahead to China's upcoming National People's Congress in October, Liu said China has room for more government stimulus measures, and said the current package was"not enough.
"It will give us a big indication [on] where China's economy will go," including the direction of the government's zero-Covid policy and what measures will be taken to tackle low consumption, she said.CNBC's Yun Liu contributed to this report.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Katherine Schwarzenegger shares rare pic of her, Chris Pratt’s daughter Eloise“A summer of feedings in terrycloth,” Schwarzenegger, who is also the mother of daughter Lyla, captioned a sweet Instagram snap with the 3-month-old.
Leer más »
Romeo Santos Shares Tantalizing Sneak Peek of Justin Timberlake Collab ‘Sin Fin’.RomeoSantosPage has finally given us a sneak peek at his upcoming collaboration with another royal pop icon, jtimberlake. 👏
Leer más »
Director Henry Selick Interview: Wendell & Wild Set VisitScreen Rant visited the set of WendellAndWild, where Henry Selick shared his insights into the stop-motion process, his collaboration with Jordan Peele & Keegan-Michael Key, and his thoughts on sequels for TheNightmareBeforeChristmas & Coraline:
Leer más »
The $73 Hand Soap Cool-Girl Designer Sabine Marcelis Starts Her Day WithDutch designer Sabine Marcelis is celebrating her own uniqueness through her artistry and beauty ✨
Leer más »
Godzilla's MonsterVerse TV Series Shares First ImageGodzilla's MonsterVerse TV series is in production, and we just got our first official look at the project!
Leer más »
UH running back Alton McCaskill describes injury that ended his seasonUniversity of Houston star running back Alton McCaskill, in a video posted on his YouTube channel, described the knee injury that will force him to miss the upcoming season.
Leer más »