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Top related persons:
it's - 1 Xi Jinping's - 1 It's - 1 Dorothy Gale of - 1 Ron Insana - 1 Xi Jinping - 1 Una Galani - 1 Thomas Shum - 1
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National Institution for Finance - 2 Development - 2 New York Stock Exchange - 1 Nasdaq - 1 U.S - 1 Monetary Fund - 1 Overseas - 1 Treasurys - 1

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2 mentions found


☆ Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
  + stars: | 2024-07-13 | by ( Ron Insana | ) www.cnbc.com   time to read: +4 min
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. The S&P 500 is up nearly 18% in 2024, while the Nasdaq Composite is up 22% in that same time frame. Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. But President Xi Jinping's "party over prosperity" political model continues to dampen enthusiasm among both foreign investors and domestic consumers. There may be a day that that becomes true and other economies and markets may prove more alluring, but that day has yet to come.
Persons: it's, Xi Jinping's, It's, Dorothy Gale of, Ron Insana Organizations: New York Stock Exchange, Nasdaq, U.S, National Institution for Finance, Development, Monetary Fund, Overseas, Treasurys, U.S ., CNBC Locations: New York City, U.S, Japan, Argentina, Turkey, China, Shanghai, Italy, Spain, America, Dorothy Gale of Kansas
☆ China stares hard at its own lost decade
  + stars: | 2023-06-23 | by ( Yawen Chen | ) www.reuters.com   time to read: +4 min
LONDON, June 23 (Reuters Breakingviews) - China has good reason to hold back on unleashing big stimulus. The central bank has made small cuts to interest rates as everything from credit growth to exports disappoint. For President Xi Jinping, it’s a hard choice between short term gains and his long-term ambition to rebalance the economy. Even if it does issue such bonds, funds may be indirectly used to help poorer provinces repay debt. The Chinese government has set a modest GDP growth target of about 5% for this year after missing its 2022 goal.
Persons: Xi Jinping, Una Galani, Thomas Shum Organizations: Reuters, National Institution for Finance, Development, Wall Street, People's Bank of China, Thomson Locations: China, Beijing
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