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Chinese property meltdown turns nuclear

Chinese property meltdown turns nuclear
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Xiangrong Yu , People Bank , Citigroup Inc ,

Citi raises its forecast for China's GDP growth, bringing it closer to the official target

China’s economy faces so much new pressure from Covid that Beijing may increase stimulus boosting overall growth, Citi said. “Given the strong start of the year and the anticipated government support, we revise up our growth forecast from 4.7% to 5.0% for 2022,” Xiangrong Yu, chief China economist at Citi, said in a report . ....

Xiangrong Yu , Carlos Casanova , People Bank , For January , Purchasing Manager Indexes ,

Citi Raises Its Forecast for China's GDP Growth, Bringing It Closer to the Official Target

China’s economy faces so much new pressure from Covid that Beijing may increase stimulus boosting overall growth, Citi said Thursday. ....

United States , Xiangrong Yu , Carlos Casanova , People Bank , For January , Purchasing Manager Indexes ,

Russia-Ukraine conflict has a limited impact on China's food prices | Hellenic Shipping News Worldwide

China’s emphasis on its own food production and security helps mitigate the impact of the Russia-Ukraine conflict on domestic food prices, analysts said. Notably, China is the world’s second-largest consumer of corn, but only 9.4% of domestic corn consumption in 2021 came from imports, according to Citi. Only 5.9% of China’s wheat consumption last year . ....

United States , Tobin Gorey , Xiaowen Jin , Xiangrong Yu , Steven Cochrane , Jim Sutter , Wang Wentao , Stephen Olson , Us Soybean Export Council , European Union , Commonwealth Bank , China National Food , Strategic Reserves Bureau , Hinrich Foundation , National Food , Bian Shuyang , South American , Commerce Wang Wentao , Southeast Asia ,