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Week Ahead – China GDP and December CPI reports eyed amid rate cut frenzy

From xm.com

{video} The Chinese economy suffered several wobbles in 2023, as the property crisis went from bad to worse. Markets held their breath for a major stimulus announcement, but with one eye on deleveraging, authorities’ response only went as far as offering targeted drip-feed measures, leaving investors flabbergasted and disappointed. However, the government’s efforts may not have been totally in vain as Chinese consumers have been spending more since the summer and industrial production has also been rebounding. The property sector remains a significant risk but there are signs that the market is stabilizing. Hence, ... (full story)

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  • Category: Fundamental Analysis