consumption


New Year lockdown hits spending but industry powers on 

New Year lockdown hits spending but industry powers on 

(ATF) China’s Spring Festival industrial production levels surpassed those of 2019 this year – despite the ongoing global pandemic. Production and consumption data released this week, based on traffic, operating rates and industrial power consumption figures, show production remained strong during the holiday season, according to Xiong Yuan, Chief Macro …

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Why this time might be different for Chinese equities

Why this time might be different for Chinese equities

(ATF) In the past, China’s stock markets were prone to boom and bust. After a rally that has seen the CSI 300 index rise by about 17% since March, David Choa, head of BNP Paribas Asset Management’s Greater China Equities team in Hong Kong, explains why this time may be …

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Retail madness: China's cities in a race to ramp up consumption

Retail madness: China's cities in a race to ramp up consumption

(ATF) As experts pore over the details of China’s new five-year economic plan and long-term goals, it has emerged China has come up with a new strategy to achieve one of its core aims – to ramp up its domestic consumer market. Among the goals is a plan to increase …

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China's economic recovery continues but Covid risk remains

China's economic recovery continues but Covid risk remains

(ATF) The latest economic data released in China has confirmed that the country's recovery continued in the third quarter, suggesting greater confidence among consumers and business despite caution about the impact of the coronavirus.GDP growth from July to September came in at 4.9% year-on-year, which was up from 3.2% in …

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