Shehzad Qazi

The Chinese economy is anticipated to experience a more severe slowdown in 2024, with no industry in a position to propel a widespread recovery, according to the managing director of China’s Beige Book. What Happened: Shehzad Qazi, China’s Beige Book managing director, suggested in a...

Shares of several Chinese stocks including Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU) and Nio Inc (NYSE: NIO) are trading lower Tuesday amid growing COVID-19 concerns in China, with over 13,000 daily cases reported in Shanghai. The surge in cases has led US...