
Standard Chartered Exec Highlights China’s Economic Resilience at Bund Summit
At the 2024 Bund Summit, Benjamin Hung of Standard Chartered discusses how consumer spending and robust supply chains are driving China’s economic resilience.
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At the 2024 Bund Summit, Benjamin Hung of Standard Chartered discusses how consumer spending and robust supply chains are driving China’s economic resilience.
Standard Chartered highlights the difficulty in finding alternatives to the highly effective supply chain provided by the Chinese mainland.
China’s manufacturing PMI fell to 49.1 in August from 49.4 in July, indicating a contraction in the sector and potential impacts on global markets.
China’s Manufacturing PMI dropped slightly to 49.1 in August due to weather disruptions and seasonal shifts, indicating a minor contraction in the sector. However, high-tech and equipment manufacturing saw growth.
Despite a global decline in foreign direct investment, China is expanding its investments to foster new quality productive forces, positioning itself as a key economic player.
China’s private sector is set for a major boost through new reforms aimed at supporting high-tech industries and enhancing participation in national projects.
LSE’s Jin Keyu shares expert insights on China’s 2024 economic growth target of 5%, focusing on technology, domestic demand, and market openness.
China aims for a 5% GDP growth in 2024, showcasing confidence in recovery amid domestic and international challenges. Explore the prospects and strategies ahead.
China’s top financial leaders outline ambitious economic and development plans for 2024 during the ongoing Two Sessions in Beijing, focusing on growth, regulation, and foreign investment.
China’s new economic strategy focuses on developing strategic emerging and future industries like new energy and quantum technology, reshaping its economic landscape.