Showing 3479 Results for china
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Showing 3479 Results for china
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October 28, 2021
ASIA: The risk of stagflation is “very real” in China over the next couple of quarters as factory gate prices rise at a quicker pace and an ongoing power crunch hurts economic growth, Charlene Chu, senior analyst for China macro financial at Autonomous Research said Wednesday. Stagflation refers to a situation in which the economy […]
October 27, 2021
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 7.77 or -0.03% to 29,098.24 Shanghai decreased 35.33 or -0.98% to 3,562.31 Hang Seng decreased 409.53 points or -1.57% to 25,628.74 ASX 200 increased 5.30 points or 0.07 to 7,448.70 Kospi decreased 23.59 points or -0.77% to 3,025.49 SENSEX decreased […]
October 26, 2021
COMMENT: Marty, Your last post rings so true. Which why I feel a bit hopeless about CA. Florida, with DeSantis leading is definitely heading in the right direction. My step, father-in-law is a living example of what you talk about. He is overweight, diabetic, double vaxxed, masked, drives an electric hybrid car, and a staunch Democrat […]
October 25, 2021
ASIA: Shares in China Evergrande Group’s electric vehicles (EV) unit rose on Monday as the embattled property developer moved to prioritize the growth of its nascent EV business over its troubled core real estate operations. Evergrande rose as much as 6% during the session before closing down 0.7%. China Evergrande New Energy Vehicle Group Ltd […]
October 22, 2021
ASIA: China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world’s second-biggest economy. Facing a deadline on Saturday to pay interest on a US dollar bond, Evergande sent $83.5 million to a […]
October 20, 2021
ASIA: The unfolding crisis in real estate in China is emerging as one of Beijing’s toughest challenges in the coming year. Real estate-related activities including, cement and steel production, registered steep contractions last month, as did property sales and new construction projects. That has led to reduced property investment, which contracted in September for the […]
October 18, 2021
ASIA: China’s economic growth in the third quarter slumped to its slowest pace in a year, as a property slowdown and energy shortages highlighted rising pressure on policymakers. Gross domestic product grew 4.9 percent year on year between July and September, according to data released by the National Bureau of Statistics on Monday, compared with […]
October 18, 2021
QUESTION: When do we talk about stagflation? F ANSWER: We are already experiencing it. Normally, the standard definition of “stagflation” has been explained as slow economic growth with relatively high unemployment/or economic stagnation that takes place with rising prices. Some have also defined it as a period of inflation combined with a decline in the […]
October 14, 2021
ASIA: India’s September fuel consumption crawled higher month-on-month as economic activity continued to ramp up, government data showed on Wednesday, but soaring global oil prices could stall a recovery in the world’s third-largest oil importer and consumer. Fuel consumption, a proxy for oil demand, totaled 15.92 million tonnes last month, up slightly from August and […]
October 13, 2021
ASIA: India’s economy, which contracted by 7.3 percent due to the Covid-19 pandemic, is expected to grow by 9.5 percent in 2021 and 8.5 percent in 2022, according to latest projections released by the International Monetary Fund on Tuesday. India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World […]