Can Hong Kong Leverage the Yuan to Compete with Shenzhen?
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#82a19eb3 ver:0.83
...
#newstr #HongKong #Shenzhen #Economy #Renminbi #Banking #Finance #China #Ecny #Business #Policy
https://here.news/story/82a19eb3?ver=0.83
'Garbage Time': China’s Slump Spins Out New Meme Of Economic Despair
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#82a19eb3 ver:0.81
China's GDP growth forecast has been downgraded, putting pressure on President Xi Jinping to offer more support. The country's economy is facing challenges in both manufacturing and consumer sectors, prompting the government to implement measures such as fiscal policies and monetary easing. The ongoing discussions at the plenum are crucial for long-term reforms. The emergence of the meme 'garbage time of history' reflects pessimism about the economy. Despite conflicting signals, Xi's focus on technology-driven growth is paying off. China aims to become a 'medium-developed country' by 2035, requiring innovation and maintaining growth rates. #ChinaEconomy #GDP #Plenum #Technology #Innovation...
#newstr #China #Economy #GarbageTime #Pessimism #OnlineMeme
https://here.news/story/82a19eb3?ver=0.81
China's GDP Growth Forecast Downgraded as Leaders Discuss Economic Support at Plenum
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#82a19eb3 ver:0.8
China's GDP growth forecast has been downgraded, putting pressure on President Xi Jinping to offer more economic support. The country's weak second-quarter results reflect challenges in manufacturing and consumer sectors. The government is expected to implement fiscal and monetary measures. The ongoing plenum focuses on long-term reforms. Goldman Sachs suggests more easing policies are needed, but economists believe their impact will be limited. The combination of the GDP downgrade, the need for easing, and challenges in achieving sustainable recovery highlight the importance of the plenum discussions. Xi's focus on technology-driven growth is paying off, but consumer confidence remains low. China aims to build self-sufficiency in strategic areas....
#newstr #China #Gdp #EconomicGrowth #Forecast #CommunistParty #Plenum #EasingPolicies #TechnologicalAdvancements
https://here.news/story/82a19eb3?ver=0.8
China's Economy Grows Slower Than Forecast, Prompting Discussions on Long-Term Reforms
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#82a19eb3 ver:0.77
China's economy grows slower than expected, with Q2 GDP expanding by 4.7%. Discussions on long-term reforms are underway to address underlying issues. Goldman Sachs suggests more easing policies, including a reduction in the required reserve ratio and policy interest rate, to support growth. Challenges include poor consumer spending, a struggling property sector, and uncertain export outlook. China's leaders aim to achieve a strong and sustainable economic recovery. #ChinaEconomy #GDPGrowth #Reforms #EasingPolicies...
#newstr #China #Economy #Gdp #Reforms #Stimulus
https://here.news/story/82a19eb3?ver=0.77
China's Economy Grows Slower Than Forecast, Prompting Discussions on Long-Term Reforms
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#82a19eb3 ver:0.76
China's economy grows slower than expected, raising concerns about its recovery. GDP expanded by 4.7% in Q2 2024, lower than Q1's 5.3%. Discussions on long-term reforms are underway to address underlying issues. Goldman Sachs suggests easing policies in fiscal and housing sectors to support growth. Challenges include sluggish domestic demand, trade tensions, and uncertain export outlook. China's leaders gather to find solutions for a strong and sustainable economic recovery. #ChinaEconomy #GDP #Reforms #EconomicRecovery...
#newstr #China #Gdp #EconomicGrowth #TradeTensions #Manufacturing #ElectricVehicles
https://here.news/story/82a19eb3?ver=0.76
China's Struggling Economy Prompts Top Officials to Discuss Long-Term Reforms
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#82a19eb3 ver:0.75
China's struggling economy prompts top officials to discuss long-term reforms. GDP growth in Q2 2024 was weaker than expected, with poor consumer spending and a struggling property sector. President Xi Jinping and CCP officials will focus on long-term solutions at the economic conference. Goldman Sachs suggests easing policies in fiscal and housing sectors to support growth. Domestic demand remains sluggish, and exports face uncertainty. China faces challenges in achieving a strong and sustainable economic recovery. #ChinaEconomy #Reforms #GDPGrowth...
#newstr #China #Economy #GdpGrowth #ChineseCommunistParty #EasingPolicies #LongtermReforms
https://here.news/story/82a19eb3?ver=0.75
Goldman Sachs Expects China to Implement Easing Policies to Boost Economic Growth
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#82a19eb3 ver:0.74
Goldman Sachs predicts China will implement easing policies to boost economic growth. They suggest fiscal and housing sector measures, including a 25 basis points reduction in the required reserve ratio and a 10 basis points cut in the policy interest rate. These policies aim to achieve China's 5% GDP growth target by stimulating domestic demand and consumer spending. However, challenges remain with a property slump, tight job market, and uncertain export outlook. #China #economicgrowth #easingpolicies #GoldmanSachs...
#newstr #China #EasingPolicies #GdpGrowth #GoldmanSachs #RrrCut #InterestRateCut
https://here.news/story/82a19eb3?ver=0.74
China's Economy Grows at Slower Pace in Q2 2024, Raising Concerns about Economic Recovery
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#82a19eb3 ver:0.73
China's economy grows at a slower pace in Q2 2024, raising concerns about economic recovery. GDP expands by 0.7% Q/Q and 4.7% Y/Y, with weak domestic consumer demand and declining property investment. Industrial production holds up better, rising 5.3% Y/Y. Additional fiscal and monetary stimulus measures may be needed. The outlook for exports is uncertain. #ChinaEconomy #GDP #EconomicRecovery...
#newstr #China #Gdp #EconomicRecovery #DomesticDemand #ConsumerSpending #PropertySlump #IndustrialProduction #FiscalStimulus #MonetaryStimulus #AffordableHousing #Exports #Tariffs
https://here.news/story/82a19eb3?ver=0.73
Chinese Economy Grows at Slower Pace in Q2 2024, Prompting Calls for Stimulus Measures
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#82a19eb3 ver:0.72
China's economy grows at a slower pace in Q2 2024, prompting calls for stimulus measures. GDP expands by 0.7% Q/Q and 4.7% Y/Y, with weak consumer demand and declining property investment. Industrial production remains steady. Concerns rise for fiscal and monetary stimulus as the Communist Party meets. Chinese yuan modestly declines to USD/CNY 7.26. #ChinaEconomy #GDP #StimulusMeasures...
#newstr #ChineseEconomy #Q2Growth #RetailSales #PropertySector #IndustrialProduction #FiscalStimulus #MonetaryStimulus
https://here.news/story/82a19eb3?ver=0.72
China's Economic Growth Slows in Second Quarter, Raising Concerns About Sustainability
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#82a19eb3 ver:0.68
China's economic growth slows in Q2, raising concerns about sustainability. Positive indicators in H1 include trade volume, export growth, consumer spending, and investment activity. However, Q2 growth of 5.1% is weaker than expected. China aims for 5% growth in 2024, but more stimulus may be needed. Challenges include property downturn, job insecurity, and uneven growth. Despite this, China is working towards recovery and growth targets through targeted policies. #ChinaEconomy #GrowthSlowdown #StimulusNeeded...
#newstr #China #EconomicGrowth #Gdp #SecondQuarter #Sustainability
https://here.news/story/82a19eb3?ver=0.68
China's Second-Quarter Growth Falls Short of Expectations Amid Insufficient Demand
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#82a19eb3 ver:0.66
China's second-quarter growth falls short of expectations due to insufficient demand, with GDP growth at 4.7%. Retail sales and property investment also show signs of weakness. Beijing aims for 5% annual growth but may need more stimulus. Demand-side policies are crucial for reaching growth targets. #ChinaEconomy #Growth #Stimulus...
#newstr #China #EconomicGrowth #Gdp #Demand #RetailSales #IndustrialOutput #FixedassetInvestment #PropertyInvestment #Unemployment #Policymakers
https://here.news/story/82a19eb3?ver=0.66
Chinese Economy Shows Signs of Recovery with Improved Performance and Targeted Policy Mix
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#82a19eb3 ver:0.63
China's economy shows signs of recovery with improved performance in H1 2021. Foreign trade reached a new high, export growth rebounded, consumer spending increased, and investment activity surged. To spur market demand, China implemented measures like expanding visa-free transit and promoting AI-powered electronics. Challenges remain, including trade tensions and the impact of the property sector, but with targeted policies, China aims to maintain recovery momentum and achieve its growth targets. #ChineseEconomy #EconomicRecovery #PolicyMix...
#newstr #ChineseEconomy #ForeignTrade #ExportGrowth #ConsumerSpending #RetailSales #Investment #HightechIndustries #FiscalPolicies #PropertySector
https://here.news/story/82a19eb3?ver=0.63
China's Exports Beat Forecasts, But Imports Shrink, Raising Concerns of Trade Imbalances and Tariffs
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#82a19eb3 ver:0.62
China's exports beat forecasts, growing 8.6% in June, but imports unexpectedly shrank by 2.3%, raising concerns about weak domestic demand. The trade surplus reached a record-breaking $99 billion, highlighting China's dominance in global trade. However, the miss on imports may impact exports in the coming months, especially as major trade partners impose tariffs. China's economy faces risks of trade imbalances and tariffs, impacting global supply chains and economic growth. #China #Trade #Tariffs #Economy...
#newstr #China #Exports #Imports #TradeTariffs #DomesticDemand #TradeSurplus #SteelExports #EconomicGrowth
https://here.news/story/82a19eb3?ver=0.62
China's Exports Beat Forecasts, But Imports Shrink, Raising Concerns of Trade Imbalances and Tariffs
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#82a19eb3 ver:0.61
China's exports beat forecasts, growing 8.6% in June, but imports unexpectedly shrank by 2.3%, raising concerns about weak domestic demand. China's trade surplus reached a record-breaking $99 billion, highlighting its dominance in global trade. However, the miss on imports may impact future exports. Trade tensions and imbalances could impact global supply chains and economic growth. China's economy shows mixed outlook with steady but modest growth and declining business confidence. The manufacturing sector is performing well, but services activity expanded at the slowest pace in eight months. China's economists forecast a slowdown in GDP growth to 5.1% in Q2. The sustainability of strong exports is a major risk for China's economy in the second half of the year. #China #Trade #Economy...
#newstr #China #Exports #Imports #Tariffs #TradePartners #TradeSurplus #GlobalSupplyChains #EconomicGrowth
https://here.news/story/82a19eb3?ver=0.61
China's Trade Surplus Reaches Record $99 Billion, Raising Concerns of Economic Friction
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#82a19eb3 ver:0.6
China's trade surplus reaches record $99 billion, driven by strong export growth but weak domestic demand. Concerns arise over economic friction and sustainability of exports amidst global trade protectionism. China's manufacturing sector performs well, but declining business confidence and slow services activity raise concerns. GDP growth forecasted to slow to 5.1% in Q2 due to property crisis and trade tensions. China's dominance in global trade may lead to increased friction and trade wars, impacting global supply chains and economic growth. #China #TradeSurplus #EconomicFriction #Exports #GlobalTrade...
#newstr #China #TradeSurplus #Exports #Imports #DomesticDemand #EconomicTensions #GlobalTrade #GeopoliticalTensions #TradePolicies #EconomicGrowth
https://here.news/story/82a19eb3?ver=0.6
Mixed China Trade Data Shows Uneven Economic Recovery Continues
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#82a19eb3 ver:0.59
China's trade data for June reveals a mixed economic recovery. Exports grew at their fastest in 15 months, while imports unexpectedly shrank. The trade surplus reached a record high. However, concerns remain about weak domestic consumption and the sustainability of export growth due to global trade protectionism. Surveys show a steady but modest growth in the manufacturing sector, but declining business confidence and a slowdown in services activity. Economists forecast a GDP growth slowdown in Q2. The Chinese government aims to boost the economy amidst a real estate crisis and escalating trade tensions. #ChinaTrade #EconomicRecovery #Exports #Imports #GDPGrowth...
#newstr #China #TradeData #EconomicRecovery #Exports #Imports #TariffHikes
https://here.news/story/82a19eb3?ver=0.59
China's Exports Grow, but Falling Imports Signal Need for More Stimulus
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#82a19eb3 ver:0.58
China's exports grew at their fastest in 15 months in June, but falling imports indicate weak domestic demand. The mixed trade data highlights the need for more government stimulus as China's economy faces challenges from trade tensions and a property crisis. #China #exports #imports #stimulus...
#newstr #China #Exports #Imports #Stimulus #Tariffs #TradePartners #Economy #Government #Manufacturers #UsFederalReserve #InterestRates #UsConsumerPrices #Imf
https://here.news/story/82a19eb3?ver=0.58
China's Foreign Trade Reaches New High in First Half of 2024
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#82a19eb3 ver:0.57
China's foreign trade reaches new high in H1 2024, with total trade volume of $2.91 trillion. ASEAN remains largest trade partner, while trade with EU dips and trade with US rises. Surveys show mixed outlook for economy, with steady growth but declining business confidence. Manufacturing sector performs well, but services activity slows. GDP growth forecasted to slow to 5.1% in Q2. Exports grow at fastest rate in 15 months, but imports shrink. Calls for government stimulus amid weak domestic demand. #China #Trade #Economy...
#newstr #China #ForeignTrade #Exports #Imports #TradeVolume #Asean #EuropeanUnion #UnitedStates #GlobalTradeProtectionism #TradeTensions #GovernmentStimulus
https://here.news/story/82a19eb3?ver=0.57
China's Exports Surge, but Falling Imports Signal Weak Domestic Demand and Call for More Stimulus
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#82a19eb3 ver:0.56
China's exports surged by 8.6% in June, the fastest growth in 15 months, but falling imports indicate weak domestic demand. The mixed data highlights the need for more stimulus to boost the economy. #China #exports #imports #economy #stimulus...
#newstr #China #Exports #Imports #Stimulus #DomesticDemand #TradeSurplus #EconomicGrowth #GovernmentStimulus #TradePartners #GlobalTradeProtectionism
https://here.news/story/82a19eb3?ver=0.56
China's Exports Surge, but Falling Imports Signal Weak Domestic Demand and Call for More Stimulus
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#82a19eb3 ver:0.55
China's exports surged by 8.6% in June, the fastest growth in 15 months, but falling imports indicate weak domestic demand. The mixed trade data highlights the need for more government stimulus to boost the struggling economy. #China #exports #imports #economy #stimulus...
#newstr #China #Exports #Imports #DomesticDemand #Stimulus
https://here.news/story/82a19eb3?ver=0.55
China's Exports Surge, but Sustainability Questioned Amid Weak Domestic Demand
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#82a19eb3 ver:0.54
China's exports surged by 8.6% in June, the strongest growth in 15 months, but weak domestic demand raises sustainability concerns. The decline in imports and slow services activity indicate a consumption downturn. The government aims to boost the economy amid a real estate crisis and unemployment. The trade surplus reached a record high of $99.05 billion. Analysts warn of the impact of global trade protectionism and question the sustainability of strong export growth. #China #exports #domesticdemand #economy...
#newstr #China #Exports #Imports #TradeSurplus #DomesticDemand #GovernmentStimulus #GlobalTradeProtectionism #SteelExports #ThirdPlenum #Asean
https://here.news/story/82a19eb3?ver=0.54
China's Exports Surge, but Sustainability Questioned Amid Weak Domestic Demand
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#82a19eb3 ver:0.53
China's exports surged by 8.6% in June, the strongest growth in 15 months, but weak domestic demand raises sustainability concerns. The decline in imports and slow services activity indicate a lack of optimism about the future. The government aims to boost the economy amid a real estate crisis and consumption downturn. The trade surplus reached a record high of $99.05 billion. Analysts warn about the impact of global trade protectionism on export growth. #China #exports #domesticdemand #economy...
#newstr #China #Exports #Imports #TradeData #Sustainability #DomesticDemand #GovernmentStimulus #TradeSurplus #EconomicGrowth #GlobalTradeProtectionism
https://here.news/story/82a19eb3?ver=0.53
China's Export Growth Surges, but Imports Decline Amid Economic Challenges
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#82a19eb3 ver:0.52
China's export growth surges at 8.6% YoY, but imports decline by 2.3%, indicating weak domestic consumption. The trade surplus reaches a record high of $99.05 billion. Concerns about declining business confidence and slowing GDP growth persist. The manufacturing sector shows positive signs, but services activity slows. Analysts warn of the impact of trade protectionism on export growth. Government stimulus may be needed to sustain economic growth. #China #exports #imports #economy...
#newstr #China #Exports #Imports #Economy #TradeSurplus #Tariffs #Us #DomesticDemand #EconomicReforms #Germany #CarManufacturers #Inflation #AsylumPolicy #DrugDealing
https://here.news/story/82a19eb3?ver=0.52
China's Exports Surge in June, But Imports Drop Amid Weakening Economy
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#82a19eb3 ver:0.51
China's exports surged 8.6% in June, the fastest in 15 months, but imports dropped 2.3%. Concerns arise over declining business confidence and weak domestic consumption. The manufacturing sector is performing well, but sustainability of strong export growth is uncertain due to trade conflicts and weakening US economy. The Third Plenum meeting on July 15-18 is awaited for future policy measures. #China #exports #imports #economy #tradeconflicts...
#newstr #China #Exports #Imports #Trade #Economy
https://here.news/story/82a19eb3?ver=0.51
China's Trade Surplus Hits Record High Amid Mixed Economic Signals
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#82a19eb3 ver:0.49
China's trade surplus hits record high as exports grow at their fastest in 15 months, reaching 8.6% YoY, while imports unexpectedly shrink by 2.3%. The weak import data highlights weak domestic consumption, prompting calls for government stimulus. However, analysts warn about the sustainability of strong export growth due to increasing global trade protectionism. China's steel exports also jumped 24% YoY, pointing to a faltering construction sector. #China #TradeSurplus #Exports #Imports #Economy...
#newstr #China #TradeSurplus #Exports #Imports #EconomicSignals #GovernmentStimulus #GlobalTradeProtectionism #DomesticConsumption #SteelExports #ThirdPlenum
https://here.news/story/82a19eb3?ver=0.49
China's Trade Balance Surges in June as Exports Grow and Imports Weaken
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#82a19eb3 ver:0.46
China's trade balance surged in June as exports grew and imports weakened, resulting in a surplus of $99.05 billion. However, surveys indicate mixed outlook for China's economy, with steady but modest growth and declining business confidence. Manufacturing sector is performing well, but services activity expanded at the slowest pace in eight months. China's economists forecast a slowdown in GDP growth to 5.1% in Q2. Overall, China's economy is growing at a modest pace, but concerns remain about declining business confidence and the impact of property sector measures. #China #TradeBalance #Economy...
#newstr #China #Economy #TradeBalance #Exports #Imports #Manufacturing #Services #GdpGrowth #GlobalEconomicGrowth
https://here.news/story/82a19eb3?ver=0.46
Global Economic Growth Slows in June but Remains Second-Strongest in Over a Year
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#82a19eb3 ver:0.45
Global economic growth slows in June, but China's manufacturing sector remains strong. China's official PMI shows steady growth, while a private survey indicates the fastest factory output expansion in two years. However, declining business confidence and slow growth in the services sector raise concerns. Meanwhile, international economic growth remains resilient, with accelerated growth rates in the US, India, and Brazil. Global employment increases, but business expectations for the future are low. #ChinaEconomy #GlobalGrowth #Manufacturing #Services #BusinessConfidence...
#newstr #GlobalGrowth #Pmi #EconomicGrowth #EmergingMarkets #Manufacturing #Services #Inflation
https://here.news/story/82a19eb3?ver=0.45
China's GDP Growth Expected to Slow to 5.1% in Q2
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#82a19eb3 ver:0.43
China's GDP growth expected to slow to 5.1% in Q2, with mixed outlook for the economy. Manufacturing sector performing well, but declining business confidence and property crisis are concerns. #ChinaEconomy #GDPGrowth #Manufacturing #BusinessConfidence...
#newstr #China #GdpGrowth #EconomicForecast
https://here.news/story/82a19eb3?ver=0.43
China's Economic Recovery Remains Weak as Retail Sales Beat Forecasts but Industrial Production Slows in May
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#82a19eb3 ver:0.29
China's economic recovery remains weak as retail sales beat forecasts, but industrial production slows in May. Retail sales climbed 3.7%, surpassing expectations, while industrial production rose 5.6%, slightly lower than the previous month. The steady expansion of retail trade is supported by an improving labor market, but challenges in the real estate sector and subdued domestic demand continue to weigh on business confidence. #ChinaEconomy #RetailSales #IndustrialProduction...
#newstr #China #EconomicRecovery #IndustrialProduction #RetailSales #Investment #InterestRate #Consumption #BusinessConfidence #CreditGrowth #ManufacturingSector
https://here.news/story/82a19eb3?ver=0.29
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