Alicia García Herrero (Natixis) | China’s Two Sessions – the National People’s Congress (NPC) and the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) – took place from March 4-11 in Beijing. This year, the Two Sessions have been particularly important for understanding where the Chinese economy is heading, as new Premier Li Qiang delivered his first “Work Report,” which marked the beginning of a new economic era….

Alicia García Herrero (Natixis) | China is taking a big slice of the cake from its prominent supply role as the world accelerates green transition. This is a rare spotlight of the Chinese economy given the pressure ranging from real estate sales to consumer confidence. China’s production of electric vehicles (EVs), batteries and solar panels, also known as the “New Three” sectors, have experienced fast growth in investment and exports….

Alicia García Herrero (Natixis) | This year, China’s “Two Sessions” have been particularly important to understand where the Chinese economy is heading as it marked the beginning of a new era, that of Premier Li Qiang. Li Qiang’s first “Work Report” signifies a departure from the previous decade under Premier Li Keqiang’s leadership as Premier, where much more emphasis is put on supply than on demand forces. The focus on…

Bankinter : China: poor growth and adverse demographics – GDP 4Q 2023 was 5.2% rather than the 5.3% expected and the 4.9% previous. Retail Sales in December were up 7.4% against the 8.0% expected while Industrial Production was up 6.8% against the 6.6% expected and previous. Analysis: GDP over 2023 has been +5.2%., which is slightly below market expectations, although above the government’s formal target of +5.0%. The weakest indicators…