I DON’T AGREE: Goldman Sachs think that Chinese stocks could go up by another 15 – 20%

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Kazushige Kamiyama, Bank of Japan’s Osaka branch manager, highlighted concerns among western Japan’s firms regarding a slowdown in exports to China, prompting adjustments in business strategies. Many companies are bracing for prolonged weak demand from China, reflecting significant economic concerns. Additionally, these firms expressed a preference for stable exchange rates, given their vulnerability to currency fluctuations, which could further impact their profitability amid uncertain market conditions.

https://money.usnews.com/investing/news/articles/2024-10-07/many-firms-in-western-japan-see-china-slowdown-to-continue-says-boj-official

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