Be in the know. 22 key reads for Wednesday…

  1. China’s Revenge Spenders Are Just Warming Up (bloomberg)
  2. United Stock Rises After Beating Estimates (barrons)
  3. China’s Reopening Is a Win for Stocks in Other Markets (barrons)
  4. Retail Sales Fell 1.1% in December (wsj)
  5. Moderna Sees Success in RSV Vaccine Trial (barrons)
  6. China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now. (barrons)
  7. Should Disney Spin Off ESPN and ABC? It’s Harder Than It Looks. (barrons)
  8. China Says Economy to Return to Faster Growth as Covid Isolation Ends (wsj)
  9. K. Inflation Falls for Second Month, Following Global Move (wsj)
  10. China Returns to Davos With Clear Message: We’re Open for Business (nytimes)
  11. Microsoft to Lay Off 10,000 Employees (wsj)
  12. US Producer Prices Plunge Most Since COVID Lockdowns (zerohedge)
  13. S. Treasury Secretary Yellen and China Vice Premier Liu aim to ease tensions in first face-to-face meeting (marketwatch)
  14. Summers Is More Upbeat on US Outlook Than He Was a Few Months Ago (bloomberg)
  15. Amazon Kicks Off Round of Job Cuts Affecting 18,000 People (bloomberg)
  16. China’s economy will be ‘on fire’ in the second half of 2023, StanChart chairman says (cnbc)
  17. China’s likely to rebound in 2023, but much depends on the consumer: KraneShares (cnbc)
  18. China offers olive branch to the West, but some are still skeptical (foxbusiness)
  19. IMF signals upgrade to forecasts as optimism spreads at Davos (ft)
  20. China tech stocks stage $700bn recovery rally (ft)
  21. China’s tutoring giant triples sales by selling eggs after crackdown (scmp)
  22. China set for ‘steady, continuous’ foreign capital inflows as investors return (scmp)