Sage Investment Club

More favourable China’s economic prospects after abandoning zero-Covid policy – Rabobank

On the 7th of December China surprised friend and foe with an abrupt zero-covid U-turn. This year’s forecast has considerable up- and downside risks. Still, economists at Rabobank believe that from a medium-term perspective, China’s economic prospects have become more favourable after abandoning zero-Covid policy. A pivotal pivot? “While from a long-term perspective China’s decision […]

China’s GDP growth rate well shy of the official target in 2022

On Tuesday morning, the Shanghai Composite Index and Hong Kong’s Hang Seng fell as data published by the Chinese National Bureau of Statistics showed that the country’s Gross Domestic Product (GDP) grew by 3% in 2022, recording one of the slowest growth rates in the last decades. Commenting on China’s GDP growth, Goldman Sachs analysts […]

More on China’s priority for the recovery and expansion of domestic consumption

I’ve been posting on stimulus efforts coming out of China, most recently these: PBOC wants to boost domestic demand, expand consumption And, yesterday these: 1. policy support for the economy: 2. A potential bounce out of COVID: 3. Seasonal demand: 4. More property market support (some sources are reporting this as “China is reportedly mulling […]