Spending on apparel will likely remain weak as China s apparel retail sector is in recovery phase this year, according to S&P Global.
Its forecast of 11.6 per cent growth.
North of South Capital’s Kamil Dimmich talks about investing in global stocks such as chip giant TSMC, Chinese tech behemoth Alibaba and South Korea’s Samsung Electronics.
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Key Takeaways: Vipshop’s revenue increased 13.6% in the second quarter, and its net profit jumped 64% The company expects its revenue growth to slow sharply to 5% at best in the third quarter amid mounting signs of trouble for the Chinese economy By Warren Yang