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11 Mar, 2021 Author Rebecca Isjwara
Chinese President Xi Jinping is applauded by members of the government as he arrives at the second plenary session of the National People s Congress at the Great Hall of the People on March 8 in Beijing, China. (Photo by Kevin Frayer/Getty Images)
Despite a lower-than-expected economic growth target for 2021, China s bank loan growth will likely remain in the low to mid-teens this year, driven by the nation s ambition to become more self-reliant in technology and domestic demand over the coming years, analysts say.
China stocks could pull back as investors are complacent in their policy expectations, strategist says CNBC 2/1/2021 Eustance Huang
Investors in China s markets have been a bit complacent in the expectations of the policy outlook in the country, argues BCA Research s Jing Sima.
While other major economies and central banks are still keeping very accommodative policies and rolling out stimulus, Chinese policymakers have already stated very explicitly that they are going to normalize policy, Sima told CNBC s Street Signs Asia on Friday.
China is likely among the few economies that saw positive growth in 2020.
Risks are building for a correction in China markets mid this year: Strategist