China Economy

Quick Overview Massive Wealth Erosion: $16 billion lost by China’s wealthiest due to stock selloffs in Nongfu Spring and PDD Holdings. Zhong Shanshan’s Setback: Nongfu Spring’s 10% stock drop slashed $3 billion from Zhong’s wealth, highlighting concerns about Chinese consumer demand. Colin Huang’s Plunge: PDD Holdings’ share drop erased $14.1 billion from Huang’s fortune, emphasizing …

China’s Wealthiest Lose $16B Amid Major Market Crash Read More »

Quick Overview: Q1 2024 GDP growth hit 5.3%, surpassing expectations; Industrial production rose by 6.1%, but retail lagged with only a 3.1% rise; Investment divergence was seen between state-owned (up 7.8%) and private sectors (up 0.5%); The property market struggles continue, with investment down by 9.5%; Consumer inflation fell, easing cost pressures on households. China’s …

China Surpasses Q1 Economic Growth Expectations Read More »

Quick Overview: GDP growth hit 4.8%, signalling potential economic recovery, though sustainability is uncertain. Manufacturing surged by 6% in March, highlighting strong industrial growth. Power production rose, boosted by lower coal prices and increased industrial activity. The housing market struggles, with sales down 33%, suggesting a prolonged downturn. Deflationary trends emerge in China, potentially affecting …

4.8% GDP Growth Signals Potential Economic Uptick Read More »

Quick Look Xi Jinping meets with U.S. CEOs to rejuvenate foreign investment in China. The decline in foreign direct investment prompts China to pledge more market reforms. Bilateral relations seek improvement following a recent Xi-Biden meeting. In a strategic move to mend the fraying economic relations between China and the United States, Chinese leader Xi …

Xi Jinping’s Summit: Forging Stronger China-U.S. Bonds Read More »

Quick Look: Retail and industrial output exceed forecasts. Investment dynamics reflect sectoral shifts. Economic recovery faces uneven domestic demand. China’s economic performance in the initial two months of 2023 has unexpectedly outstripped analyst projections, signalling a robust start to the year. Retail sales witnessed a 5.5% increase, surpassing the anticipated 5.2%, while industrial production soared …

China’s Economy: Surpassing Expectations in Early 2023 Read More »

Wild swings in Chinese real estate stocks and bonds are holding investors on edge — these news headlines could create troubles in the sector to spill into the rest of the economy, states S&P Global Ratings. While the fall in Evergrande’s shares has decreased, the volatility in other Chinese real estate companies has extended this …

China`s real estate difficulties remain Read More »

There are unemployment claims and Federal Reserve speakers galore – and an auction of inflation-linked Treasury bonds to watch out for in your daily analysis on the outlook for U.S. interest rates. China takes a step forward to open up one of the enormous messes in its real estate sector. India’s payments champion undergoes an …

What`s moving markets now? Read More »