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Search resuls for: "ZHIWEI ZHANG"


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REDMOND WONG, GREATER CHINA MARKET STRATEGIST, SAXO MARKETS, HONG KONG"The 10 new measures are underwhelming, given the high expectations. GARY NG, ECONOMIST, NATIXIS, HONG KONG"The latest announcements show China is determined to speed up its reopening due to economic pressure. It is likely to see upswings cyclically in business sentiment from suppressed demand, especially in sectors heavily affected by the covid restrictions. "The next checkpoint will be Chinese New Year; I think markets are looking for further relaxation to facilitate return to their hometowns by Chinese New Year." SAKTIANDI SUPAAT, REGIONAL HEAD OF FX RESEARCH & STRATEGY, MAYBANK, SINGAPORE"I think markets have, in some ways, priced in that element (of further easing).
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's government didn't take the Covid protests in a negative way, economist saysZhiwei Zhang of Pinpoint Asset Management discusses recent protests against China's zero-Covid policy and how the government might handle them.
China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 curbs at home disrupted output and consumption. The bleak October trade figures highlight the challenge for policymakers in China as exports had been one of the few bright spots for the struggling economy . Tepid domestic demand, weighed down by fresh COVID curbs and lockdowns in October as well as the cooling property market, hurt imports too. China’s imports of soybeans fell and coal imports slipped, as the strict pandemic measures and a property slump disrupted domestic output. The overall trade figures resulted in a slightly wider trade surplus of $85.15 billion, compared with $84.74 billion in September, missing a forecast of $95.95 billion.
BEIJING — Chinese stocks rallied this week as investors hoped Beijing would soon relax its stringent Covid policy. The Chinese government has yet to announce any official policy change. However, the stock rally that accelerated Friday followed multiple unconfirmed rumors of a coming Covid policy change. Zhang pointed to a closed-door speech Friday morning by a chief scientist at the Chinese Center for Disease Control and Prevention that suggested a transition away from zero-Covid policy could happen soon. The disease control center and National Health Commission did not immediately respond to a request for comment.
Sursa foto: Getty ImagesDupă cinci decenii, China ar putea anunța prima scădere a populațieiDupă un recensământ care are loc o dată la deceniu, China ar urma să raporteze o scădere a populației, a anunțat Financial Times, citat de Reuters, scrie Mediafax. O scădere a populației va crește presiunea asupra Beijingului pentru a implementa măsuri care să încurajeze cuplurile să aibă mai mulți copii și să evite declinul. În ultimele luni, mass-media de stat a Chinei a fost din ce în ce mai sumbră, spunând că populația ar putea începe să se reducă în următorii câțiva ani. Un singur copil pe familieÎn 2016, China a renunțat la politica unui singur copil pe familie, în speranța de a spori numărul copiilor, înlocuind măsura cu o politică ce prevede doi copii. La acea vreme, țara și-a stabilit obiectivul de a-și spori populația la aproximativ 1,42 miliarde până în 2020, de la 1,34 miliarde în 2010.
Persons: Reuters Organizations: Financial Times, Mediafax, Pinpoint, Națiunile Unite Locations: China, Shenzhen, Chinei
Total: 5