China’s Massive Coupon Distribution: A Temporary Fix for Consumption Weakness

In a strategic move to bolster its struggling consumption sector, the Chinese government has initiated an expansive coupon distribution program aimed at spurring consumer spending. This effort, while providing immediate relief, raises questions about its long-term effectiveness in stimulating economic growth.

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American Express Sees Earnings Surge Fueled by Holiday Shopping Boom

In an impressive display of financial resilience, American Express recently reported a notable increase in its earnings, largely attributed to the robust spending patterns witnessed during the holiday shopping season. This unexpected surge in consumer expenditure has played a crucial role in bolstering the financial services giant’s bottom line, positioning it favorably in a competitive market.

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