Chinese households ramped up their cash holdings last month in a sign that they’ve begun shying away from local stocks just as the market is challenged by renewed trade tensions.

https://archive.is/dfYft

Household savings rose by 2.96 trillion yuan ($415.5 billion) in September, the most since March

The renewed build-up of savings may deprive the stock market of a key source of support

  • Annoyed_🦀 @lemmy.zipEnglish
    1·
    2 days ago

    Ahh okay, thanks for explaining, i was reading the headline and can’t exactly link both stuff together.