Asian markets opened higher on Tuesday as Joe Biden’s presidential inauguration approaches, and they are continuing to bloom after China’s quarterly reports of economic growth.
China’s economy grew in 2020, with reports on Monday that their GDP jumped 2.3% as global economies struggled to bloom during the coronavirus pandemic.
Alibaba (BABA) dropped as much as 7.3% early this morning in Hong Kong after Chinese regulators ordered Ant-Group to return to its payment service roots. This is Alibaba’s lowest hit since July.
The U.K. and E.U. are one step closer to finalising months of negotiations after an outline to the agreement was made on Wednesday night. The announcement is potentially set for today.
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