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BBCNEWS Asia July 5, 2024

is these tensions, if they escalate and change into something more meaningful, i think that certainly we will have a huge reaction in the market, but for now i don t really see anything more meaningful coming into the market. ~ . market. we have reached the halfway point market. we have reached the halfway point of market. we have reached the halfway point of 2023. - market. we have reached the halfway point of 2023. how. halfway point of 2023. how would you describe the health of the global economy? that was a really intriguing of the global economy? that was a really intriguing question. - a really intriguing question. throughout this year, central banks and lawmakers have been focused on containing inflation, bringing inflation under control, and a lot of these banks have failed to bring the inflation to the target level, which is still running quite high, so especially in the uk the cost of living crisis is a huge issue, and inflation data last week has alread ....

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BBCNEWS Asia Business Report June 4, 2024 00:33:00

Period of extreme pessimism. you look at many of the consensus forecasts for chinese growth of around 5% each year and that would imply the chinese economy barely grows for the rest of the year. that is certainly a possibility. it is certainly a possibility. it is a risk. you mentioned the tourism data for the dragon boat festival. that was disappointing. 95% of pre pandemic levels were in early may during the labour day holiday when we were back at 100 so it seems like the recovery there is going to reverse but i don t think we should give up hopejust reverse but i don t think we should give up hope just yet. they do have some stimulus measures they could potentially rollout. the labour market is not quite as weak as it looks if you just focus on youth unemployment rate figures which were very high but if you look at the overall unemployment rate is slightly below its average so it would not take too much policy stimulus to pushit too much policy stimulus to push it down to levels tha ....

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