Growth next year will continue to be held back by the real estate sector and weak external demand for Chinese products.
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China’s leaders vowed at this year’s CEWC to offer more policy support for the economy in 2024.
The market misunderstood Beijing’s goals for SOE reform and urban-rural development from the get-go.
An analysis of the housing market shows massive regional disparity; prices have fallen by over 30% in some cities but remain largely unchanged in others.
China has been more actively scrutinizing US-related semiconductor deals in retaliation to the US expansion of China-focused export controls.
Local governments are cutting incomes for civil servants and shutting down public services to save costs.
The upcoming election in Taiwan is a three-way contest; for now, the incumbent DPP is in the lead.
The RMB has gained 2% against the USD over the past few days as the USD fell against most major currencies.
China’s oil demand has turned out much stronger than expected and may end up accounting for 75% of global growth in 2023.
