China is still waiting for a 'big bang' economic fix as Beijing grapples with more bad news
, but have slipped in recent days with investors disappointed by Beijing's lack of action.
That chimes with a recent forecast by UBS. The Swiss bank predicted policymakers would hint at but fall short of bringing in the"big bang" stimulus package needed to revive growth.much-heralded post-COVID reopening turn sour"Policy support is needed to prevent China's economy from slipping into recession, not least because external headwinds look set to persist for a while longer," Capital Economics' China expert Julian Evans-Pritchard said in a recent research note.
"Unless concrete support is rolled out soon, the recent downturn in demand risks becoming self-reinforcing," he added.Subscribe to push notificationsNOW WATCH: The economist that predicted the housing crisis warns the Fed is engaging in behavior that's almost always caused a recession
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Northern China prepares for Doksuri floods, Beijing residents told to stay indoorsNorthern China on Sunday braced for potential floods from the Doksuri storm that caused havoc in southern areas, with residents in Beijing warned not to go outside due to expected record rains.
続きを読む »
Thousands flee homes as Typhoon Doksuri soaks Beijing and a second storm approaches China | CNNTens of thousands of people fled their homes in Beijing after Typhoon Doksuri, one of the strongest storms in years, dumped torrential rain across China as forecasters warned another hurricane-level storm was on its way.
続きを読む »
Thousands flee homes as deadly Typhoon Doksuri soaks Beijing and a second storm approaches China | CNNTens of thousands of people fled their homes in Beijing after Typhoon Doksuri, one of the strongest storms in years, dumped torrential rain across China and left at least four dead, as forecasters warned another hurricane-level storm was on its way.
続きを読む »
Beijing Is Still Too Confident About China’s EconomyHeard on the Street: China’s economy is either slogging through a normal postpandemic soft patch or on the brink of something much worse
続きを読む »
China allocates $15.35 mln for rescue work in Beijing-Tianjin-Hebei after heavy rains- state mediaChina's finance ministry and emergency management ministry on Tuesday allocated 110 million yuan ($15.35 million) for rescue work in the Beijing-Tianjin-Hebei area after heavy rains, CCTV news reported.
続きを読む »
At least 20 dead and 27 missing in floods surrounding China’s capital Beijing, thousands evacuatedAt least 20 people were killed and 27 are missing in floods surrounding China’s capital Beijing, with thousands of others evacuated to safety, state media reported Tuesday.
続きを読む »