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Asian shares are mixed after China’s economy hit its 5% growth target in 2024 - MarketWatch

1. China's economy grew 5% in 2023, matching government targets. 2. U.S. tariffs threaten China's economic growth and broader markets. 3. Taiwan Semiconductor reported a 57% profit increase, driven by AI demand. 4. Asian markets showed mixed reactions, reflecting geopolitical uncertainties. 5. U.S. retail sales data indicate potential slowing economic growth.

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FAQ

Why Bearish?

Slowing Chinese growth and U.S. tariffs could negatively affect HSI performance.

How important is it?

The article discusses key economic indicators influencing market sentiment and investor behavior.

Why Short Term?

Immediate market reactions to economic data may affect HSI within weeks.

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