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BBCNEWS World Business Report June 4, 2024 04:37:00

China s economy is slowing under the weight of its zero covid policy. industrial output fell just under 3% as lockdowns limited factories ability to operate, and consumers in the country appear to be tightening their belts, with retail sales down by 11% in april. the government blamed lockdown for the fall but insisted it was a short term blip. joining me now isjinny yan, who s the chief economist at icbc standard bank. thank you for being with us. what do you make of these figures because perhaps, no surprise, factories could not operate and people were not able to get to work and therefore production could not happen is novel but it tells us a lot about the impact of the zero covid policy? a lot about the impact of the zero-covid policy? absolutely this is clearly zero-covid policy? absolutely this is clearly a zero-covid policy? absolutely this is clearly a significant - this is clearly a significant piece of evidence really to outline just how much ....

Zero Covid , China S , Retail Sales , Isjinny Yan , Chief Economist , Standard Bank ,

BBCNEWS World Business Report October 18, 2021 04:31:00

Recovery is losing steam. third quarter gdp showing that growth has fallen to 4.9% well below a poll of analysts that reuters conducted. also a sign that power outages and supply chain bottlenecks are taking a toll on the world s second largest economy. it s the weakestpace since the third quarter of 2020 and slowing from 7.9% in the second quarter. joining me now isjinny yan, chief china economist at icbc standard bank. welcome, great to see you, what do you think these figures tell us? actually, things aren t too bad. i think the key indicators suggest that the main slowdown is coming from the industrial activity. we also know that we had flooding, power outages, and obviously those emission targets set by the central government trying to be delivered by local government. ....

Supply Chain Bottlenecks , Power Outages , 4 9 , Isjinny Yan , Standard Bank , 7 9 , Things Arent Too Bad , Emission Targets ,

BBCNEWS World Business Report September 15, 2021 04:39:00

Than a decade. we have not seen high inflation for many years. this will very much impact consumer sentiment and we will also see oil prices and gas prices rise can significantly and there is a fear that will flow through to inflation and will see high numbers persist. thank you so much for getting up thank you so much for getting up so early! from the world s largest economy to the second biggest, china, which has announced its retail sale rose by 2.5 percent in august, which is 6 percent lower than july. the country s industrial output grew 5.3 percent last month, which is its weakest pace in over a year. the data suggests china s economy may be slowing down. joining me now isjinny yan, who s the chief china economist at icbc standard. ....

Gas Prices , Oil Prices , Consumer Sentiment , Retail Sale Rose , 05 3 , 02 5 , Isjinny Yan , China Economist , Icbc Standard ,