Weekend Edition: The Chinese Way
Is China on the road to recovery. Sheana Yue from Capital Economics says, despite the hefty debt, consumer confidence is rising and the country could meet its 5% growth target this year. But how does Australia figure in China’s future plans?
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Friday 7th October 2023
Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.
There are tentative signs that China’s domestic economy is picking up. On The Weekend Edition Sheana Yue from Capital Economics in Singapore says early indications are that the Golden Week this week has seen increased demand for housing and other goods and China could meet is 5% growth target this year. So, is there more reason to be optimistic about the world’s second largest economy? Sheana explains how, in the mid-term, the focus is less on major construction projects and more on IT and green technologies. Listen in to find out what that all means for the Australian economy.
Hosted on Acast. See acast.com/privacy for more information.