Be in the know. 21 key reads for Friday…

  1. Commerce Secretary Gina Raimondo and her Chinese counterpart held a pivotal meeting on U.S.-China ties. “Both sides described the meeting in positive terms and noted the importance of keeping communication channels open.” (wsj)
  2. ‘Candid talks’: China and US trade officials vow to step up communication to manage tensions (scmp)
  3. China, Once Pioneer of Zero Covid, Shrugs Off Looming Wave. “Restaurants, train stations, concert venues and soccer stadiums are teeming.” (wsj)
  4. Why Disney’s ‘inevitable’ move to stand-alone ESPN streaming service would bring ‘little risk, ample reward’ (marketwatch)
  5. Dollar set for third week of gains as US debt talks loom large (streetinsider)
  6. Fade The Rally, The Dollar’s Destiny Is Lower (zerohedge)
  7. Moderna says looking for opportunities in China after registering legal entity (reuters)
  8. Global money market funds attract heavy inflows as US debt ceiling looms (reuters)
  9. Shanghai gears up for post-Covid tourism boom as Disneyland raises ticket prices (scmp)
  10. Baidu will ‘very soon’ officially launch generative AI model, says CEO (yahoo)
  11. This Week in China: Nothing Is Good Enough for Impatient Market (bloomberg)
  12. It Has Been an Ugly Year for Estée Lauder Stock. Better Times Are Coming. (barrons)
  13. Ford EVs Can Use Tesla’s Supercharger Network (barrons)
  14. Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why. (barrons)
  15. The real reason sunshine makes you happy: The benefits of vitamin D may surprise you (marketwatch)
  16. This Is What The Debt Ceiling Deal Will Look Like And Why It May Be Announced As Soon As Friday (zerohedge)
  17. China, Pushing Ukraine Cease-Fire, Gets Cool Reception in Europe (wsj)
  18. Chip Companies, Wary of Break With China, Seek Looser Limits on Federal Cash Companies warn that regulations undermine U.S. attempt to revive semiconductor industry (wsj)
  19. Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner (bloomberg)
  20. Disney still has plans to spend billions in Florida despite its battle with DeSantis (cnbc)
  21. A Cheaper Way to Bet on AI Than Investing in Nvidia (wsj)