Chinese economy

Analysis: Slow Recovery of China’s Economy Amidst COVID Controls and Weak Consumer Confidence

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Analysis: Slow Recovery of China’s Economy Amidst COVID Controls and Weak Consumer Confidence

economist expects Chinese economy recovers slowly The Beijing government needs more stimulus plans. to support economic activities And bring back the shaky consumer confidence. behindChinaStrong start to the year When strict COVID control measures are lifted But the latest data suggests that economic activity is declining rapidly. due to sluggish demand both domestically and internationally … Read more

“China Reduces Bank Reserves After Covid-Induced Economic Recession: Investment Factors and Top Stocks to Watch”

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“China Reduces Bank Reserves After Covid-Induced Economic Recession: Investment Factors and Top Stocks to Watch”

“After Covid, China did not recover as expected”, had to reduce bank reserves I TNN Know about investing I 26-05-66 Investment factors worth watching – Excited! China reduces bank reserves after the economy weakens – GDP shrinks, Germany officially recession – speculation on stocks bounces to accept the economy, passes the lowest point, interest rates … Read more

Chinese vice premier says China’s economy will improve in 2023

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Chinese vice premier says China’s economy will improve in 2023

Chinese Vice Premier Liu He who attended the 2023 annual meeting of the World Economic Forum (WEF) in Davos, Switzerland. On Tuesday (Jan. 17), China’s economy will improve significantly this year. China’s economic growth tends to return to normal. China’s gross domestic product (GDP) rose from 54 trillion yuan (about 263.62 trillion baht) to 121 … Read more

China’s exports and imports fell sharply in December

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China’s exports and imports fell sharply in December

China’s exports contracted sharply in December as global demand slowed, while imports also fell again as rising coronavirus infections and a sharply slumped real estate sector hit domestic demand, highlighting risks to the Asian giant’s economic recovery this year.Exports were one of the few bright spots in the world’s second-largest economy during the pandemic, but … Read more

Oil fell 2% in light trading on worries about Chinese demand

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Oil fell 2% in light trading on worries about Chinese demand

Oil prices fell on Wednesday as investors weighed fears of an increase in the number of Covid-19 cases in China, the world’s largest oil importer, in exchange for a chance for fuel demand to recover in the Asian country with the easing of pandemic restrictions there. At 15:01 GMT, Brent crude oil futures were down … Read more

The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

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The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

China is preparing a support package worth more than 1 trillion yuan ($143 billion) for its semiconductor industry, three sources said, in an important step towards achieving self-sufficiency in chips and to counter the moves US aimed at slowing down its technological progress. The sources added that Beijing plans to roll out one of the … Read more