Be in the know. 30 key reads for Wednesday…

  1. China Leaders Surprised by Pace of Economy’s Rebound (bloomberg)
  2. China Manufacturing rebounds to expansionary territory in February, ending six months of contraction (seekingalpha)
  3. 3M stock bounces more than 2% after saying DoD records show nearly 90% of plaintiffs in Combat Arms litigation had no hearing impairment (marketwatch)
  4. Alibaba and China Stocks Are Rallying. Chinese Growth Means Lockdown Pain Is in the Past. (barrons)
  5. China Scrambles To Save Plummeting Birth Rate With Pregnancy Perks (zerohedge)
  6. Property developer China Vanke to raise $500 mln via share placement – term sheets (reuters)
  7. Billionaire Mittal’s Airtel Africa to Boost Spending 14% in 2023 (bloomberg)
  8. China’s premium EV makers report stronger sales in February (scmp)
  9. Chinese manufacturing hub Suzhou pushes local chip sector expansion in 2023 (scmp)
  10. Hong Kong stocks surge by most in 3 months as data signals China rebound (scmp)
  11. M2 Money Supply Just Dropped the Most Ever. What That Says About the Fed’s Next Move. (barrons)
  12. Mainland Investors Ask Foreign Investors “Do You See What I See?” (chinalastnight)
  13. China’s Post-Covid Bounce Has Arrived (wsj)
  14. China’s Economy Starts to Emerge From Covid Shadow (wsj)
  15. The 20-Somethings Fueling a Stick-Shift Renaissance (wsj)
  16. The CHIPS Act Is About More Than Chips: Here’s What’s in It (nytimes)
  17. YouTube to Add AI-Powered Tools for Video Creators, New CEO Says (bloomberg)
  18. PayPal Is Searching for a CEO Who Can Reverse Its $279 Billion Stock Drop (bloomberg)
  19. Corporate America’s Earnings Quality Is the Worst in Three Decades (bloomberg)
  20. World’s Rich Take Advantage as $1 Trillion Property Market Craters (bloomberg)
  21. From Chips to TikTok, Gina Raimondo Is at the Center of Biden’s China Policy (bloomberg)
  22. Forget Chatbots, This Is How Corporate America Is Really Using AI (bloomberg)
  23. World’s biggest shipping company, a U.S.-China trade bellwether, isn’t talking like recession is coming (cnbc)
  24. FDA Widens Path for Rare-Disease Treatments With New Approval (wsj)
  25. S. Aims to Chart New Course for Chip Industry (wsj)
  26. Wall Street Traders Have Lost Much of Their Swagger (bloomberg)
  27. Institutional Investors Are Using Reddit to Make Investment Decisions. Here’s Where They Lurk. (institutionalinvestor)
  28. Chinese factory activity expands at fastest pace in more than a decade (ft)
  29. France mounts battle for nuclear energy in Europe (ft)
  30. Chinese factories launch charm offensive for buyers after Covid isolation (ft)