Tag

Stimulusmeasures

All articles tagged with #stimulusmeasures

business-and-economy2 years ago•2 min saved

"Chinese Factory Activity Contracts for Third Consecutive Month in December"

China's manufacturing activity contracted in December, marking the third consecutive month of decline, as indicated by the official purchasing managers index (PMI) falling to 49. Despite government efforts to stimulate the economy through increased spending on infrastructure, interest rate cuts, and easing housing market restrictions, weak demand continues to challenge growth. While the non-manufacturing PMI saw a slight increase, the service sector remains unchanged, and the construction industry shows expansion. This manufacturing slowdown reflects broader global economic challenges, including reduced demand for goods and the impact of higher interest rates worldwide.

via ABC News|

##business-and-economy #chinaeconomy

economy2 years ago•2 min saved

"China's Factory Downturn Worsens in December, Stimulus Expected"

China's manufacturing activity contracted for the third consecutive month in December, with the official purchasing managers' index (PMI) falling more than expected, signaling a deepening factory contraction and a challenging economic recovery. This has led to expectations of additional stimulus measures, including potential interest rate cuts and reserve requirement ratio reductions by the central bank. The economic slowdown is attributed to a severe property slump, local government debt risks, soft global demand, and deflationary pressures. The government is likely to focus on fiscal steps to support growth in the coming year, despite weak domestic and external demand.

via Reuters|

##chinaeconomy #economicrecovery

economy2 years ago•2 min saved

"China's Factory Downturn Persists, Prompting Economic Stimulus Speculation"

China's manufacturing activity contracted for the third consecutive month in December, with the PMI falling to 49.0, indicating a deepening factory contraction and a challenging economic recovery. This has led to expectations of additional stimulus measures, including interest rate cuts and reserve requirement ratio reductions by the central bank. The government is also expected to focus on fiscal steps to support growth, as weak domestic and global demand continue to weigh on the economy. Despite these challenges, China's economic growth is projected to meet the official target of around 5% for the year.

via Investing.com|

##chinaeconomy #economicrecovery