Wall Street Favorites: 3 Chinese Stocks With Strong Buy Ratings for June 2024

China’s economy has undergone an uneven recovery since the country emerged from the global pandemic. Last year, analysts feared the world’s second-largest economy would fall into deflation, similar to Japan’s in the 1990s. While consumer prices in China have generally floated above deflation territory, price growth has generally remained weak. In May, the consumer price index rose a modest 0.3% from the same month in 2023. Declines in the producer price index, which is a broad measure of wholesale prices, a ...