Top Stories

China

real estate investment trusts in China

World economy 15th July 2020

Chinese Real Estate Market: 2021 Growth As In Pre-Corona Times

Mainfirst |The January outbreak of the coronavirus pandemic in China had a severe impact on the Chinese real estate market, compared to 2019, property sales in February 2020 dropped by 65 percent. The market has now almost recovered from this. This is due to both the special features of the Chinese market and government intervention. Chinese real estate sales have been on the rise since March and April and are now already back to 80 percent of the previous year’s level. 

Bolsachina

Markets, World economy 13th July 2020

There Are Good Reasons For The Strong Ongoing Rally In Chinese Equities

Mobin Tahir (Wisdom Tree) | The S&P China 500 Index is up 17.7% and the CSI 300 Index is up 16.8% year-to-date.Breakneck gains in stock markets create excitement, but also raise fears of bubbles. There are good reasons for the strong ongoing rally in Chinese equities, and – although risks lurk on the horizon – we aren’t in bubble territory.

china ave phoenix

World economy 22nd May 2020

China Chooses To Be Realistic And Refuses To Quantify Its 2020 Growth Target

China has decided that it will not set a target for economic growth for 2020, due to the uncertainty caused by the Covid-19 pandemic. This was announced by Chinese Premier Li Keqiang at the opening session of the National People’s Congress, the highest legislative body of the People’s Republic of China. The country will give priority to guaranteeing the population’s living standards, with job creation goals, reducing the unemployment rate to 6% and an inflation target of 3.5%.

China proposes major antitrust law overhaul, curbing internet titans

World economy 18th May 2020

US-China Rhetoric Heating Up

Mathieu Racheter (Julius Baer) | President Trump recently urged to halt plans of the government’s main pension fund to invest in Chinese equities. While the implications for Chinese ADRs listed in the US should be fairly small, there is a risk that the administration will extend the restrictions to other US investors. We continue to view Chinese equities as a core holding and reiterate our strategic Overweight rating.

china tourism

World economy 12th May 2020

China’s Tourism Sector Faces its first test as population start to travel again

Fidelity | Over 100 million travellers hit the Chinese roads during the five-day May Day holiday, the first major test for domestic tourism demand since the Covid-19 containment measures began to be lifted. International travel remains out of the question, but clear signs of a gradual recovery in Chinese domestic tourism could give other countries a boost in confidence as they look to the future.

Spain's tourism

Spanish economy 7th May 2020

Foreign Tourist Arrivals In Spain Plunge 64.3% In March; Only Domestic Tourism Can Save The Season

Spain received two million international tourists in March, 64.3% less than year earlier, after its borders were closed from the mid-month to curb the Covid-19 pandemic, according to the Statistics on Tourist Movements at Borders (Frontur). In 2019, Spain clocked up for the seventh consecutive year an all-time record in international tourist arrivals, with 83.7 million visitors. But with borders closed sine die, it seems that only domestic tourism can save the 2020 season.

china recovery

World economy 5th April 2020

China’s Recipes For Its Most Difficult Year: Margin And Economic Policies

CaixaBank Research | China is responding with economic policy space to deal with the coronavirus. On the one hand, measures will be taken in 1H20 to support the sectors having the greatest difficulties. On the other hand, a significant fiscal stimulus package is expected to provide investment in the 2H20. The set of measures will be beneficial, as they will facilitate a full recovery of China’s economy, although they will also increase the deficit in a country with an already high level of corporate debt (150% of GDP).

China's one belt, one road initiative

World economy 1st April 2020

Asian Supply Chains Recover

Fidelity | Our analysts report that activity in Asia’s extensive network of factories, ports and logistics centres is accelerating as the Chinese economy leaves the blockade behind. Dockside cranes are once again squeaking in some of Asia’s largest ports as production at Chinese factories progressively speeds up, after several weeks of coronavirus-related disruptions.