China stocks tell 2 different stories about the economy

China stocks tell 2 different stories about the economy

Chinese stocks listed in the U.S. were mostly higher on Tuesday amid optimism around Beijing’s decision to drop COVID-19 quarantine rules for inbound visitors, as the world’s second-largest economy abandons its long-held “COVID Zero” policy.

But the slide in shares of EV makers like Tesla (TSLA) and a drop in Apple (AAPL) stock shows the all-clear hasn’t yet been given on negative impacts from the Chinese economy.

And this divided reaction on Chinese stocks shows investors both holding out…


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