China's struggle with anemic growth has led to doubts about its capacity to achieve a recovery in 2023. The Nikkei and Hang Seng indices are down, reflecting the market's concern. Chinese stocks, including NIO, JD, KWEB, and BABA, have seen significant declines. China's Q4 GDP is expected to show patchy economic recovery, with challenges ahead. The economy grew 5.2% in 2023, reaching its official targets, but a sinking housing market remains a threat. The property market downturn has been a major headwind for the economy. China's economy has more favorable conditions than challenges and difficulties in 2024, according to the Stats Bureau head. The economy is at a crucial stage of recovery, with employment pressures remaining, but stable growth is expected to create jobs in 2024. The property market in China is displaying positive changes, and the Stats Bureau spokesperson warns of a complex external environment and insufficient demand for the country's economy in 2024.
#China’s #RealEstate market contracted for 2nd straight year in 2023, property investment, sales slid further https://t.co/GXGxrOW3f9 https://t.co/0dutbzwRLZ
Tesla, Apple, Caterpillar Stocks Fall. These Companies Are Exposed to China’s Slowing Growth. https://t.co/XsIflZddHW
WATCH: China's economy growth in the fourth quarter shows patchy economic recovery, raises case for stimulus https://t.co/GOMmRNTIBl https://t.co/wSU9VzjiNv
China's economy growth in the fourth quarter shows patchy economic recovery, raises case for stimulus https://t.co/AIqS4e11x5 https://t.co/dqqb32r69s
In the near term, China has few obvious growth drivers. Export demand is softening. Chinese families have turned cautious on spending. Private businesses have been holding off on new investments while foreign investors are pulling funds out of the country https://t.co/uGScD2xQIY
New low for Hang Seng today. Historic selloff in Chinese equities show no sign of abating. https://t.co/8OGjFFfVkU
China's GDP deflator, a measure of prices across the economy, fell by 1.5% in Q4 2023. This marked the third straight quarterly decline and the longest decline since 1999. Even in the 2008 financial crisis, China only saw 2 quarters of declining prices. Weak consumer… https://t.co/KzvgyptnfN
🇨🇳Red Flags in China 📉China’s Stock Market (Shanghai Comp Index) was down -2.1% overnight to fresh 3-year lows 📉Our Hang Seng Short $EWH continues to crash, down another -3.7% overnight to new Cycle Lows From today's Early Look by @KeithMcCullough: https://t.co/Ty01HcTwyg https://t.co/Taswy2Kv2R
The New York Times published an interview with me :https://t.co/aiEG7elFo3 Yi Fuxian, told DealBook. “But China’s economic recovery was much weaker than expected last year, as the core drivers of the downturn were aging and a declining work force.”
China’s growth slows as a festering property-market meltdown offsets much of the benefit of a postpandemic recovery in the world’s second-largest economy https://t.co/n91P0LPvfe https://t.co/n91P0LPvfe
China's 2023 GDP shows patchy economic recovery, raises case for stimulus https://t.co/nPfqWHmyCJ
Output gaps are back. They're biggest in Eastern Europe, where growth is far below pre-COVID trend due to Putin's invasion of Ukraine. These gaps are as big as a similar point in time after the 2008 crisis: Czech 15%, Hungary 9%, Poland 5% and Ukraine 31%. Deflation is coming... https://t.co/GyIpDQkwEO
China reached its economic goal for 2023 as industrial production and investment climbed in the final stretch of the year https://t.co/ffGpS6HtVn via @economics
"A Chinese measure of economy-wide prices marked its longest slide since 1999, underscoring deep deflationary pressures that are weighing on the world’s second-largest economy" https://t.co/apGYn4PwqZ via @economics https://t.co/4VUWARrriP
The aftermath of COVID is starting to look a lot like the years that followed the 2008 crisis. Large output gaps are opening up, especially in Eastern Europe where Russia's invasion of Ukraine is a hammer blow to the growth model. Forget inflation. What's coming is deflation... https://t.co/8Di81s2Wj6
Apple and Tesla may no longer be ‘safe investments’ as China’s troubles grow https://t.co/lCf3BM77wT
China’s home prices fell the most in almost a decade in December, underscoring a property downturn that has been a major headwind for the economy, which has ratcheted up pressure on developers struggling to repay debts and complete projects. https://t.co/hu7wu3dKTs
Heard on the Street: Until China’s property market and income growth find a firmer footing, its growth will be subpar https://t.co/h1vzttak7P https://t.co/h1vzttak7P
🇨🇳The number of people in the world’s second-largest economy fell for a second year by over 2 million to 1.41 billion in 2023, according to data released by the National Statistics Bureau on Wednesday. The drop more than doubled that in 2022, when the Chinese population shrank… https://t.co/bau5DQD8CM
Most countries are struggling to regain pre-COVID GDP growth rates. That means substantial output gaps are opening up globally, notably for China, which is deflationary. LatAm - and especially Brazil - is the big outperformer. Russia's invasion of Ukraine hurts Eastern Europe... https://t.co/dpPHjKVr7Q
China is struggling with a growing output gap. From 2015 - 2019, growth averaged 1.6% q/q. It averaged 1.1% q/q from 2020 - 2023. Trend growth is only 2/3 of pre-COVID levels, which means growing deflationary pressure, growing current account surpluses and maybe more instability. https://t.co/1tZT0HEPVF
WATCH: China's economy grew slightly slower than expected in the fourth quarter, official data showed https://t.co/GOMmRNUgqT https://t.co/6Je4OTeH3L
China's economy grew slightly slower than expected in the fourth quarter, official data showed https://t.co/AIqS4e1zmD https://t.co/P91wjF2OYn
CHINA #Quad4 Stock Market Crash continues to fresh 3yr lows Down another -2.1% overnight as Q124 GDP is about to slow at its fastest pace https://t.co/6a1XGgSSFp
Slowest economic growth for China in 30 years. “China’s economic growth rate finished at one of the lowest levels in decades last year, underscoring the heavy toll that a property-sector collapse and weak consumer confidence have taken on the world’s second-largest economy.”… https://t.co/s1vu8lL83j https://t.co/FcDFwd5Jtq
China's Economy Grows At 5.2%, Its Slowest Rate In Over 3 Decades https://t.co/85wlFLsXqP https://t.co/Topt1msPog
China's GDP grew 5.2% last year, hitting its own official targets. But Chinese stocks have been quickly losing its status as must-haves in global portfolios for long-term investors. Here’s why https://t.co/xA4bg1Cg92 https://t.co/rn8qRz7K86
#China’s economy spooks markets, and stocks sink. The CSI 300 has underperformed the S&P 500 by >40ppts over the year. https://t.co/xNgFnu77m0 https://t.co/yZQSM4fxNZ
#Chinese A-shares tumbled on Wed. #Shanghai Composite Index hit new low since May 2020. Shenzhen Component Index fell 2.% to hit a new low since Aug 2019. Tech-heavy Chinext Price Index hit new low since Dec 2019.
A Chinese measure of economy-wide prices marked its longest slide since 1999, underscoring deep deflationary pressures that are weighing on the world’s second-largest economy https://t.co/CMbBU2ZUv6 https://t.co/s6oREMHwF8
China’s economic data disappoint, fueling stimulus calls https://t.co/HFVNYqnokB
⚠️ ANALYSIS-WEAK DATA, LIMITED STIMULUS KEEP INVESTORS AWAY FROM CHINA (Reuters) China's patchy economic growth and a renewed slump in home sales have redoubled investors' resolve to steer clear of the country's markets, sending shares tumbling as foreigners quit in the…
HK-listed stocks of companies trading mainland #China are sharply lower today after deflation marked its longest streak since 1999; China revised its population figure yet again to the downside, and weak consumer, property market spend, and home prices were released. Of course,… https://t.co/qyNztQGW3J
A gauge of Chinese stocks listed in Hong Kong slumped the most since November 2022, as a slew of disappointing economic data continued to weigh on investor sentiment https://t.co/KVmQduNZts
⚡#China stock market indices including benchmark $SHCOMP extend decline to over 1%. Photovoltaic equipment and lithium battery providers are leading the fall. Hang Seng Index $HSI falls 3%, and the Tech Index drops by 4.2%. $KWEB $FXI $HXC https://t.co/duiUYOE4mm
Really well done summary of China's economic data and the 2024 forecast from @yifanxie in the WSJ https://t.co/wKSOelv05t
🔴 CHINA'S STATS BUREAU HEAD: EMPLOYMENT PRESSURES REMAIN, STABLE GROWTH TO CREATE JOBS IN 2024
🔴 CHINA'S STATS BUREAU HEAD: MORE POLICY STEPS POSSIBLE TO SUPPORT GROWTH
🔴 CHINA'S STATS BUREAU HEAD: CHINA'S ECONOMY HAS MORE FAVORABLE CONDITIONS THAN CHALLENGES AND DIFFICULTIES IN 2024
🔴 CHINA'S STATS BUREAU HEAD: CHINA'S PROPERTY SECTOR HAS SIGNIFICANT ROOM FOR GROWTH
🔴 CHINA'S STATS BUREAU HEAD: PROPERTY MARKET IN CHINA DISPLAYING POSITIVE CHANGES
🔴 CHINA'S STATS BUREAU SPOKESPERSON: ECONOMY AT CRUCIAL STAGE OF RECOVERY
China's Q4 GDP shows patchy economic recovery, many challenges ahead https://t.co/jrIDN5ctXm https://t.co/iZu19IznLN
🔴 CHINA'S STATS BUREAU HEAD EXPECTS MODEST CONSUMER PRICE RISE IN 2024
🔴 CHINA'S STATS BUREAU HEAD SAYS LOW CONSUMER PRICES REFLECT INSUFFICIENT EFFECTIVE DEMAND
China’s growth slowed as a festering property-market meltdown offset much of the benefit of a postpandemic recovery in the world’s second-largest economy https://t.co/e2zXzuK8tp https://t.co/e2zXzuK8tp
🔴 CHINA'S STATS BUREAU HEAD: NET EXPORTS ACCOUNTED FOR -11.4% OF 2023 GDP GROWTH
🔴 CHINA'S STATS BUREAU HEAD WARNS OF COMPLEX EXTERNAL ENVIRONMENT AND INSUFFICIENT DEMAND FOR COUNTRY'S ECONOMY IN 2024
🔴 CHINA'S STATS BUREAU HEAD: FINAL CONSUMPTION ACCOUNTED FOR 82.5% OF 2023 GDP GROWTH
China's economy had a bumpy ride in 2023. The first-quarter recovery after Covid controls were scrapped failed to gain momentum, leading policymakers to roll out more measures throughout the year to support GDP growth. https://t.co/oaabFccWsm
China reached its economic goal for 2023 as industrial production and investment climbed in the final stretch of the year https://t.co/xou0arbKiu
Breaking News: China’s economy grew 5.2% last year, recovering from Covid lockdowns. But a sinking housing market remains a threat. https://t.co/goVfazOXmr
China's Q4 GDP to show patchy economic recovery, many challenges ahead https://t.co/4v0msjdUTb https://t.co/qL4SXcl2V1
Chinese stocks continue to disappoint as they fall even lower on the day • $NIO -8.9% • $JD -4.8% • $KWEB -3.8% • $BABA -3.1% https://t.co/NFZIrzyobP
Very good overview of what happened in the Chinese economy in 2023: https://t.co/uA2ch4r57l
BEAR MARKETS With China #slowing further into #recession... Hang Seng smoked for another -2.2% loss overnight and remains a Core Short @Hedgeye https://t.co/KiABPmY3JQ
Nikkei down 1.51% Hang Seng down 1.51% Parity. https://t.co/BuCtjrR6ZA
China Set To Reach 2023 Growth Goal As Focus Shifts To New Year - BBG https://t.co/pVzg4OqKAq
China’s struggle with anemic growth is prompting more observers to doubt its capacity to achieve much of a recovery this year. https://t.co/wj1jn8AwEl