China must prevent its economic growth from falling below 6.5 percent this year, leading economists said on Wednesday. They were speaking ahead of the opening of the annual meetings of the country’s top legislature and political advisory body this week.
China’s manufacturing activity has fallen to its lowest level in four years, pointing to the need for more policy support to bolster economic growth and push structural reforms. The purchasing managers’ index (PMI) came in at 49, down from January’s 49.4, the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing said on Tuesday.
Chinese shares regained the 2,900-point mark on Monday, following the appointment of a new regulator head on Saturday.
As each new year comes around, and we celebrate the new and say goodbye to the old, as traders we are never sure what it is precisely we are welcoming in, or indeed saying goodbye too.
China’s manufacturing activity contracted for the sixth straight month in January, signalling persistent weakness, official data showed on Monday.
As a trader and investor, I always find volatile markets the most interesting and rewarding.
Today’s Key Economic Data
Today’s Key Economic Data
Today’s Key Economic Data
Today’s Key Economic Data
