Tag: China economic outlook
China August Retail Sales and Industrial Production Data Analysis and Comparison: Understanding the Impact...
China's economic data for August 2024 has once again fallen short of expectations, with retail sales, industrial output, and investment figures all showing weaker growth than anticipated. This disappointing performance has raised concerns about...
China’s August Manufacturing PMI Falls Below Expectations, Services Sector Holds Steady at 50.3
China's manufacturing sector experienced a slight decline in August, with the official Purchasing Managers' Index (PMI) falling below expectations. According to the National Bureau of Statistics (NBS), the August Manufacturing PMI came in at...
Xi Jinping Looks to Unlikely Source for Economic Advice
Xi Jinping's Unconventional Economic AdvisorIn the realm of economic advice, Xi Jinping, the President of China, has turned to an unlikely source for guidance. Zhou Qiren, a professor at Peking University, has caught the...