Slump is one big cloud in sunny global markets

New reality: A construction site in the central business district in Beijing. The country’s government is being closely watched for any signals on what it might do to re-energise the economy. — AP

Beijing: China’s unceasing economic malaise threatens to ripple across rallying global markets, according to the latest Bloomberg Markets Live Pulse survey.

Global stocks are at records as US economic resilience, buzz around artificial intelligence (AI) and growth in places like India and Indonesia keep the rally going.