Government intervention has seemingly given investors some respite amid the tumbling stock market. However, can the upward trend continue past the Chinese New Year? Lianhe Zaobao correspondent Yang Danxu looks into the matter.
Economy
Economy
China ended the year with the world’s worst-performing equity market and its blue-chip CSI 300 Index down for the third straight year, losing 35% over 36 months. Amid different approaches to stabilising the stock market, several economists think that the key is to formulate appropriate policies and promoting necessary structural reforms to help get the economy back on track to its potential growth rate.
Economy
Although the Chinese economy showed some signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signalling a persistent decline. This has served to deepen fears of deflation and sparked calls for more supportive policy measures.
Economy
Thailand’s Prime Minister Srettha Thavisin has revitalised the idea of the Kra land bridge with gusto. Poor economic viability, environmental problems and geopolitical complications account for the project’s tepid international reception.
Economy
Academic Jasper Verschuur points out that the trade route disruptions caused by the Houthi attacks in the Red Sea and the Bab al-Mandab Strait are having a devastating impact on major shipping countries, not least China.
Economy
In part two of his article taking stock of the Chinese economy and assessing bright spots and challenges in 2024, Chinese economist Yao Yang focuses on the key factors of increasing investment without distinguishing between foreign and domestic capital, and the inability of the US to limit China’s technological development.
Economy
In part one of his article taking stock of the Chinese economy and assessing bright spots and challenges in 2024, Chinese economist Yao Yang focuses on the key factors of local fiscal difficulties and fundamental adjustments needed for the real estate sector.
Economy
As growth in the sales of new energy vehicles (NEVs) slows in China, a growing number of Chinese carmakers are speeding up their entry into foreign markets. While rising trade protectionism in Europe and North America is affecting their pace of expansion, Chinese carmakers are exploring new markets in South America and Southeast Asia, and localising their production to achieve breakthroughs. Lianhe Zaobao journalist Daryl Lim speaks with industry insiders to find out more.
Economy
While the latest economic results for China seem promising, one underlying factor could suggest otherwise — the lack of confidence in the authorities’ approach in stimulating the economy. How can China boost investor confidence and improve the economic climate?