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Scott Lincicome: China businesses report weak sales and cut back on overtime

Scott Lincicome: China businesses report weak sales and cut back on overtime
China businesses cut overtime on weak sales

Scott Lincicome highlights that, according to statements from China, most businesses outside the semiconductor and data-center equipment sectors are experiencing weak sales this summer. As a result, many companies are reducing overtime, slowing hiring, and cutting back on borrowing.

Lincicome previously argued that the Jones Act causes economic harm and called for Congress to consider removing it from energy markets. In separate comments, he pointed to ratings agencies acknowledging that President Javier Milei’s market reforms are proving effective. These observations highlight Lincicome's ongoing attention to policy decisions and their economic consequences.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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