China’s Reopening Is Boosting U.S. Stocks. 4 You Won’t Have to Chase.

After being for most of 2022 because of Covid-19 outbreaks, China is finally open for business—and just about everything else. The reopening could mean that consumers will unleash trillions of unspent dollars, dollars that languished as the economy shut down. According to Evercore ISI, Chinese shoppers had over $2 trillion of cash in household accounts, up from just under $800 billion at the start of that year. Businesses, too, will be able to... + full article