Alarm bells are ringing about the outlook for china, but officials remain confident this is a short term blip. Only last month, the chinese premier, li qiang, said his country was still on track to reach its annual Growth Target of around 5 , a modest target after china grewjust 3 last year, one of the weakest showings in nearly half a century. Lets talk through whats at stake with jane foley, head of fx strategy at rabobank. Iam hoping i am hoping she is there. Good morning to you. I am hoping she is there. Good morning to you. Good morning. A fourth month morning to you. Good morning. A fourth month in morning to you. Good morning. A fourth month in a morning to you. Good morning. A fourth month in a row morning to you. Good morning. A fourth month in a row of fourth month in a row of contraction although it is slightly improved from last month, hasnt it . It slightly improved from last month, hasnt it . Month, hasnt it . It has slightly month, hasnt it . It has slightly been month,
According to economists from India Ratings, there is a disconnect between the headline and underlying consumption data, with a clear K-shaped demand making it unlikely that the current overall trend will continue for long
the government s growth target, is quite a modest target given the lower base. there was some optimism at the start of the year that we would see a better rebound. it has been a surprise to many investors that consumption demand in china has been so slow to recover. presumably, the authorities in china will be introducing measures to try and boost economic growth. that is what is expected isn t it given the numbers we are getting today are numbers we have had in the to today. are numbers we have had in the to toda . , ., are numbers we have had in the to toda . , . ., , are numbers we have had in the totoda . , . ., , , to today. yes, and that is why the stock to today. yes, and that is why the stock markets to today. yes, and that is why the stock markets today - to today. yes, and that is why the stock markets today are l the stock markets today are bouncing because they have to come in with some sort of support. but actually there has been a lot of disappointment about the lack
Experts believe outlet stores would provide an effective solution to the problem of lukewarm consumption demand as they encourage consumers to spend more on deeply-discounted products.