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Search resuls for: "Mattie Bekink"


12 mentions found


☆ Janet Yellen to host China’s top economic official ahead of expected Biden-Xi talks in San Francisco
  + stars: | 2023-11-09 | by ( Bryan Mena | Juliana Liu | ) edition.cnn.com   time to read: +5 min
Yellen’s talks with China’s new economic tsar will set the stage for the high-stakes potential meeting expected between US President Joe Biden and Chinese President Xi Jinping next week during the Asia-Pacific Economic Cooperation forum in San Francisco. The United States is the host for this year’s summit, which is an annual gathering of top leaders in government and business of the 21 economies in the Pacific Rim. The United States is the host for this year’s summit, which is an annual gathering of top leaders in government and business of the 21 economies in the Pacific Rim. US and Chinese officials are seeking to shore up diplomatic ties and cooperation on economic issues. The International Monetary Fund recently upgraded its forecast for China’s economic growth based on Beijing’s policies aimed at propping up the country’s ailing property sector.
Persons: Janet Yellen, Lifeng, Yellen’s, Joe Biden, Xi Jinping, Antony Blinken, John Kerry, Gina Raimondo, Wang Yi, “, Biden, Xi, ”, Mattie Bekink, Yellen, ” Yellen Organizations: Hong Kong CNN, Economic Cooperation, Washington, Economist Intelligence, Network, Treasury Department, Biden, CNN, Monetary Fund Locations: China, Washington, Hong Kong, Asia, San Francisco, United States, Rim, Beijing, Shanghai, decouple
☆ China's slowdown was going to happen but it's become much more painful, economist says
  + stars: | 2023-08-31 | 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 EmailChina's slowdown was going to happen but it's become much more painful, economist saysMattie Bekink, China director at the Economist Intelligence Corporate Network, says people haven't adjusted their expectations for the China market and "the days of easy money … are over, the glory days of growth are over," thanks to Beijing's policies and global headwinds.
Persons: Mattie Bekink Organizations: Economist Intelligence, Network Locations: China
☆ You underestimate China at your own peril, analyst says
  + stars: | 2023-06-09 | 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 EmailYou underestimate China at your own peril, analyst saysMattie Bekink of the Economist Intelligence Corporate Network says the country's property sector could stabilize in the second half of the year, which could "smooth out" its uneven recovery from the Covid pandemic.
Persons: Mattie Bekink Organizations: Economist Intelligence, Network Locations: China
☆ China's supply chain is too central and efficient for companies to 'derisk' from it, analyst says
  + stars: | 2023-04-19 | 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 EmailChina's supply chain is too central and efficient for companies to 'derisk' from it, analyst saysMattie Bekink of the Economist Intelligence Corporate Network says the China market is "too large, too attractive, too central and too efficient" to abandon.
☆ China chooses continuity, retaining central bank chief, finance minister
  + stars: | 2023-03-12 | by ( Joe Cash | Thomson Reuters | Joe Cash Reports On China S Economic Affairs | ) www.reuters.com   time to read: +5 min
However, further announcements are expected in coming weeks as China implements a reorganisation of its financial regulatory structure and other government bodies. "Opting for continuity in these critical economic roles suggests an emphasis on credibility and stability," said Mattie Bekink, China director at the Economist Intelligence Corporate Network. The U.S.-educated central bank chief Yi, appointed PBOC governor in 2018, had widely been expected to retire after being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October. "It shows China wants to at least have a dialogue with the United States on monetary policy and financial cooperation," he said. The parliamentary session will end on Monday, with Xi expected to give a speech and Li, the new premier, scheduled to hold a televised media conference afterwards.
☆ Setting China's GDP growth target is a 'balancing act' for its government, says analyst
  + stars: | 2023-03-06 | 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 EmailSetting China's GDP growth target is a 'balancing act' for its government, says analystMattie Bekink of the Economist Intelligence Corporate Network says it's a balancing act between "credibility and confidence."
☆ China's reopening: It's going to be a bumpy road to normalization, analyst says
  + stars: | 2022-12-21 | 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 EmailChina's reopening: It's going to be a bumpy road to normalization, analyst saysMattie Bekink of Economist Corporate Network says that's partly because China has a "Covid-naïve" population.
☆ China's zero-Covid policy is 'very much linked' to Xi personally, analyst 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 EmailChina's zero-Covid policy is 'very much linked' to Xi personally, analyst saysMattie Bekink of the Economist Corporate discusses the protests against zero-Covid policy in China and says "everybody has a reason to be angry."
☆ The trade issues at stake for US and China economies at Indonesia meeting
  + stars: | 2022-11-14 | by ( Juliana Liu | ) edition.cnn.com   time to read: +7 min
Frustrated by China’s huge trade surplus and accusing it of stealing US intellectual property, former President Donald Trump slapped tariffs on $50 billion of Chinese goods in June 2018. China, with its nearly $18 trillion economy, has in recent years been the main driver of global growth. China responded by slapping tariffs of its own on iconic American products like Harley-Davidson and Jack Daniel’s. Tech curbsBekink said she did not expect any dramatic shifts in trade flows to emerge as a result of the Biden-Xi meeting. US imports of semiconductors from China are 26% lower than before the imposition of 25% tariffs, according to Peterson.
☆ Investors are still in a 'wait and see mode' when it comes to China, says analyst
  + stars: | 2022-09-19 | 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 EmailInvestors are still in a 'wait and see mode' when it comes to China, says analystMattie Bekink of the Economist Intelligence Corporate Network says the country's zero-Covid policy has "stomped on consumer and investor confidence."
☆ China's economy may have done well in August but outlook remains grim
  + stars: | 2022-09-19 | by ( Jihye Lee | ) www.cnbc.com   time to read: +1 min
Despite an upbeat batch of economic data from China last week, including retail sales and industrial production beating estimates, economists are standing by their pessimism. UBS downgraded its full-year growth forecasts from 3% to 2.7% for 2022 and from 5.4% to 4.6% for 2023. Wang adds that the revised 2023 forecast is still based on a scenario where the property market stabilizes soon and Covid restrictions ease from March onward. "We're not seeing the policy-levers being pulled necessary to facilitate a change," she said of the nation's zero-Covid policy. "Essentially zero-Covid has stomped on human investor confidence in China."
☆ 5 things to know before the stock market opens Monday
  + stars: | 2022-09-19 | by ( Mike Calia | ) www.cnbc.com   time to read: +4 min
Bad morning for stocksU.S. equities markets were on track to open lower Monday morning, adding to the misery lingering from last week's losses. The Covid pandemic isn't the emergency it once was. The development came after Russian President Vladimir Putin's forces suffered a quick succession of losses, ceding territory back to the government of Ukrainian President Volodomyr Zelenskyy. Thomas Peter | ReutersChina might have reported better-than-expected economic data last week, but don't bet on it lasting, according to analysts. Catastrophe in Puerto RicoA man stands on the beach with his son in in Nagua, Dominican Republic, on September 18, 2022.
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