Tag: China

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China’s Ongoing Challenges Exposed: A Closer Look at the Country’s Issues

Investing in China ETFs used to be a popular choice when the economy was booming. However, with China's economy slowing down, things are not looking as promising as before.This year, the top 10 China...
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China October CPI Data Shows Slight YoY Increase, Deflation Concerns Remain

China's October Consumer Price Index (CPI) data was released, showing a slight year-on-year increase of 0.3%. This is lower than the 0.4% reported in September and below the expectations of economists, who had predicted...
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China’s Caixin PMI Composite Rises to 51.9, Policy Impact Shows – Action Forex

China's Caixin Services PMI saw a significant rise to 52.0 in October, surpassing expectations and showing the highest rate of growth in three months. This growth is part of a continued expansion trend that...
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China Expected to Announce Rate Cut on October 21, 2024 | Forexlive

China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...
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China’s Data Weakness Shows Signs of Improvement – Action Forex

The recent economic news coming out of China has been a topic of discussion in the market. From inflation figures to stimulus measures, there has been a lot to digest. While the reaction to...
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China’s Stimulus Plan Revealed: Limited Details Shared in Saturday’s Press Conference | Forexlive

The State Council Information Office of China held a press conference on Saturday, led by Finance Minister Lan Fo'an. Many were expecting details about China's fiscal stimulus plans, but the conference left much to...
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Dollar Strengthens as Fed Clarity Boosts Market Confidence – Action Forex

Global financial markets experienced a mix of clarity and uncertainty last week. In the US, economic data supported the idea of a gradual policy easing by the Federal Reserve, boosting investor confidence. The hope...
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China’s Property Sector Sees Recovery with Increased House Sales During Holiday Period

China's National Day holiday started on October 1st and leading up to it, the Chinese government announced various economic stimulus measures, focusing on the property sector. These measures included reducing down-payment ratios, lowering mortgage...
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Philips Second-Quarter Sales Jump 10.5% Despite China Weakness

Shares of Dutch technology company Philips saw a significant increase of over 10.5% in early trading on Monday following the release of their second-quarter earnings report. Even though sales in China experienced a decline,...
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The Hidden Agenda Behind Xi Jinping’s Secret Commodity Stockpiles

Over the past two decades, China has been consuming large quantities of raw materials due to its growing population and expanding industries. The demand for dairy, grain, meat, energy, and metals has been steadily...

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