China’s economic landscape appears fraught with concerns as the rebound in consumption stalls and private business confidence loses momentum. In October, key indicators like the QuantCube Technology recreation and transport demand measure and the Morning Consult consumer sentiment survey recorded troubling declines. Furthermore, the Cheung Kong Graduate School of Business poll echoed this sentiment, indicating a dip in private business confidence. These simultaneous downturns signal a troubling trend, casting shadows on China’s economic recovery, hinting at persistent instability and looming uncertainties.
🇨🇳 #China’s Consumption Recovery Is Losing Momentum, Data Show – Bloombergt.co/QjYizxgUdK pic.twitter.com/30tMIfZhw9
— Christophe Barraud🛢🐳 (@C_Barraud) November 13, 2023
🇨🇳 #China Urges Capital Injection Plans for Key State Firms – China Securities Journal
➡ China’s state-owned assets administrator urged to draft capital injection plans for state-owned enterprises involved in key industries at a recent meeting by the authority’s party…
— Christophe Barraud🛢🐳 (@C_Barraud) November 13, 2023