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The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…
The pace and structure of consumer spending influences China’s ability to lift global growth as it imports more. Longer term, consumption matters to living standards in China and…
Growth in retail sales and industrial value added accelerated in August, supported by rising household incomes and warming domestic demand. Moreover, unemployment edged down…
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DOI: 10.1108/OXAN-DB282343
ISSN: 2633-304X
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Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…
After the government issued regulations to curb property developer borrowing in 2020, developers suffered a liquidity crisis and struggled to deliver pre-sold homes. Consumers…
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DOI: 10.1108/OXAN-DB282705
ISSN: 2633-304X
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Geographic
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The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…
The Fed insists that subsequent moves will depend on economic developments, but its forecast implies that, although not imminent, another 25-basis-point (bp) increase will happen…
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DOI: 10.1108/OXAN-DB282113
ISSN: 2633-304X
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Geographic
Topical
CHINA: Politburo sends out economic policy signals
Retail sales accelerated in annual terms, as consumption continues to lead economic expansion. However, investment slowed and exports fell back deeper into contraction. The…
CHINA: Stimulus to have less impact than in the past