China's Economy Rebounds, Spurred by Consumption...來自Tiyas

15 Mar 2023, 19:23 · 閱讀量 58

Revival of GDP growth appears broadly on track after country’s zero-Covid exit

SINGAPORE—Economic activity in China rebounded in January and February as the country emerged from almost three years of tough Covid-19 controls, adding to signs of resilience in the global economy after the sudden collapse of two U.S. banks unnerved investors.

The data suggest China’s expected recovery is broadly on track after posting one of its weakest years for growth in decades in 2022. A pickup in retail sales suggests consumption is taking over as the engine of growth while factories contend with sinking exports and the real-estate sector shrinks, figures published Wednesday show

風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。

喜歡的話，讚賞支持一下

Green Port policy soon with focus on carbon neutrality. Officials said the policy will define the parameters for green port categorisation besides incentives for undertaking the transition toward less polluting fuels and improving efficiency to lower overall emissions.

Tiyas

Fed official: Bank rules under review in wake of SVB failure. Silicon Valley Bank's management was informed by the Federal Reserve's bank supervisors of the risks of the bank's unusual business model in the fall of 2021, says Michael Barr, the Fed's vice chair for supervision. Barr said the bank's managers failed to address the problems, despite being given a low rating, while Silicon Valley Bank's failure was the result of mismanagement.

Tiyas

Coca-Cola to divest bottling operations, focus on brands, strategy over time: Global president John Murphy. The beverage maker had first started the divestment process in end-2019, by selling off its bottling units in the north, which accounted for 10% of its bottling operations. But plans to sell the remaining business were paused as Covid-19 struck.

Tiyas