Tag Archives: Chinese economy

The global oil market remains in a state of flux, with prices hovering near 14-month lows. A combination of factors, including unexpected inventory draws, OPEC+ decisions, and persistent demand concerns, have contributed to this volatile landscape.Inventory Dynamics and OPEC+ InterventionA significant factor influencing oil prices has been the recent dynamics …

China’s economic engine, which has long been the world’s growth driver, is losing steam. Recent data highlights a deepening slowdown with far-reaching global consequences. The Chinese economy is under increasing strain, with its weakest growth in five quarters. Efforts to bolster consumer spending have yielded disappointing results, and China’s GDP …

The third plenum of the 18th Central Committee of the Chinese Communist Party in November 2013 marked a turning point in China’s population policy. The policy blueprint ended the country’s one-child policy, allowing couples to have a second child if either parent was an only child. This marked a watershed …

China’s car sales continued to decline in June, marking the third straight month of falling figures. This trend persists despite government incentives aimed at boosting consumer demand amid a sluggish economic recovery. Key Points: June Sales Decline: Passenger vehicle sales in June totaled 1.78 million, a 6.9% decrease compared to …

China’s exports are expected to accelerate for the second consecutive month in May, driven by improving global demand and a favorable base of comparison. This positive development offers some comfort to officials grappling with various domestic challenges to sustain the nation’s uneven economic recovery. The trade data, scheduled for release …

The official jobless rate surged for the third straight month as a result of the economic boom in China. The increase in unemployment is part of a string of encouraging economic data that Beijing has revealed, including the fact that factory investment surged and industrial production increased dramatically in January …

China’s Economic Data Surpasses Expectations Amid Growth Momentum China’s economic performance in the first two months of 2024 has exceeded analysts’ expectations, buoyed by robust retail sales, fixed asset investments, and industrial production, according to data released by the National Bureau of Statistics on Monday, March 18th. Key Data Highlights: …

China’s Premier Li Qiang addressed the National People’s Congress annual meeting, acknowledging that achieving 5% economic growth this year will be challenging due to difficult times. Li Qiang outlined plans to boost spending on advanced technology, fortify China’s military, and support the economy. However, no big package of stimulus was …

As China prepares for the Lunar New Year holiday, the mood is generally positive, with state media expressing optimism. However, there is growing discontent and hopelessness among the population, who are feeling battered by months of economic uncertainty, falling employment, and a warning housing crisis. The Chinese government’s attempts to …

Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, shared insights on significant market developments and the performance of key assets during an interview on Dubai TV. Addressing the persistent upward trend in oil prices and the challenges posed by …