More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more, in continued challenge for policymakers counting on domestic consumption to propel the economy.
Chinese equity markets are surging, causing anxiety for investors who have abandoned the market after years of poor returns. Is it time to get back in?
In an official communique, China’s Politburo said ‘patient capital’ is expected to pitch in as the country moves towards a tech-driven growth model, showing a much-needed focus on the long term, analysts say.
TECH NEWS : Ericsson and F.I.T.S.T at IIT Kanpur collaborate for 2 years on MFS and Fintech, targeting real customer needs in the growing digital wallet market. T
Predictions China would have already joined the group of high-income nations have yet to bear fruit. Is it still possible to break through the middle-income ceiling – and is it still an important benchmark?