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Home Market Trends

Chinese Economic Data Disappoints

Osama Rizvi by Osama Rizvi
May 21, 2023
in Market Trends
0
Chinese Economic Data Disappoints

IT has been yet another interesting week. Xi revealed new and ambitious plans for Central Asia in the recent China-Central Asia Summit held in Xian. China is trying to establish its diplomatic strength using trade and economic cooperation which so far seems to be working in its favor. China has promised to provide $3.8billion in support and grants to Central Asian economies. On the other hand the recent economic data coming out of the second largest economy has disappointed many.

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I talk more about this in Monday Macro View – stay tuned! It will be out tomorrow.

Happy Sunday! Happy Reading!

Tags: chinadebtdefaultglobaleconomyrecessionUS
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