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Top related persons:
Helen Qiao - 2 BofA - 1 — - 1 wasn't - 1 China teetering - 1 Louise Loo - 1 Loo - 1 Goldman Sachs - 1
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of America - 1 Service - 1 Bank of America - 1 FAI - 1 China's State Council - 1 Communist - 1 China's National Statistics Bureau - 1 Bank of America's - 1

Search resuls for: "Helen Qiao"


7 mentions found


☆ China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
  + stars: | 2024-04-19 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +3 min
China's breakout from its economic slump may also mean less government support ahead, BofA said. BofA doesn't expect a "a full-blown growth rebound" as real estate woes and weak demand are still a problem. AdvertisementBank of America boosted its forecast for China's economic growth in 2024 on the heels of a surprisingly strong first-quarter performance from the world's second-largest economy. AdvertisementWith a robust first quarter dataset in hand, policymakers may be less inclined to intensify easing measures, dashing hopes for imminent policy support, according to the bank. The analysts wrote that they anticipate a gradual growth deceleration through the rest of 2024 as policy support wanes.
Persons: BofA, —, Helen Qiao, wasn't Organizations: of America, Service, Bank of America, FAI Locations: China
☆ China's economic recovery is stalling. Here's what to expect next
  + stars: | 2023-06-16 | by ( Clement Tan | ) www.cnbc.com   time to read: +4 min
watch nowA raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. A slew of economic data from industrial production and fixed asset investment to retail sales and trade fell short of expectations, with China teetering on the brink of deflation as its post-pandemic economic recovery stalls. "Weak investments data suggest that authorities are unlikely to stop at the monetary easing we saw this week," Oxford Economics' lead economist Louise Loo wrote in a note after Thursday's China data release. "We therefore continue to expect announcements of further 'piecemeal' property sector easing measures to follow in the coming weeks," Loo wrote. Goldman Sachs economists said last month that getting young people back to work would give China's economic recovery a sizable boost, given that they account for almost 20% of consumption in China.
Persons: China teetering, Helen Qiao, Louise Loo, Loo, Goldman Sachs, America's Qiao Organizations: China's State Council, Communist, China's National Statistics Bureau, Bank of America's, CNBC, People's Bank of, Oxford, Afp, Getty, Bank Locations: China, People's Bank of China, Chinese, Chongqing, America's
☆ 'More useful and impactful' stimulus measures likely after end-July Politburo meeting: BofA
  + stars: | 2023-06-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'More useful and impactful' stimulus measures likely after end-July Politburo meeting: BofAHelen Qiao, chief Greater China economist at BofA Global Research, discusses the kind of stimulus package the Chinese government is likely to roll out to boost investment and consumption.
Persons: BofA Helen Qiao Organizations: BofA Global Research Locations: China
☆ Consumer prices in China rose 0.1% in April, the slowest rate in two years
  + stars: | 2023-05-11 | by ( Jihye Lee | ) www.cnbc.com   time to read: +1 min
The People's Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Source: BloombergChina's consumer price index rose 0.1% in April year-on-year, the slowest since early 2021. Economists surveyed by Reuters expected to see consumer prices rise 0.4% from a year ago and remain unchanged from the previous month. Inflation in China was led by food and services, according to the National Bureau of Statistics – food prices rose by 0.4% and service prices rose 1% from a year ago. That's a stark contrast to the latest U.S. inflation data overnight which showed consumer prices rose 4.9% in April – easing in the wake of the Federal Reserve's efforts to tame inflation by hiking rates 10 consecutive times.
☆ Prices in China's service sector are 'edging up a bit,' says economist
  + stars: | 2023-02-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrices in China's service sector are 'edging up a bit,' says economistHelen Qiao of BofA Global Research says some small Chinese businesses in the sector now have more pricing power.
☆ Relaxation of China's Covid measures is 'the key' to its growth rebound in 2023, economist says
  + stars: | 2022-11-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRelaxation of China's Covid measures is 'the key' to its growth rebound in 2023, economist saysHelen Qiao of BofA Securities says turmoil is still "very likely" in the near term, and it expects that the situation will get better only in the second half of 2023.
☆ Investor fears about Xi's new leadership team 'may be misguided'
  + stars: | 2022-10-25 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
Li Qiang, likely to become the next premier, is pictured here speaking at a major annual financial conference in Shanghai in 2020. Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese stocks' plunge on Monday over fears about China's new leadership team "may be misguided," consulting firm Teneo said. Xi's leadership teamThe Politburo standing committee is the highest circle of power in China. Li Xi has led the export-heavy province of Guangdong as party secretary, while Cai Qi held the role for the capital city of Beijing. Mr Li [Qiang] has been widely regarded as a capable pro-market and pro-growth politician.
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