China's economy will be 'on fire' in the second half of 2023, StanChart chairman says
Publishing timestamp: 2023-01-18 05:58:51
Summary
The reopening of the Chinese economy has been met with positive sentiment from economists, with Standard Chartered Chairman Jos Vials predicting that the Chinese economy will be "on fire" in the second half of 2023. This is due to the government's fiscal policy, support for the property sector, and reduced intensity of regulation. Vials also suggested that there will be a divergence between the eastern and western hemispheres, with Asia and the Middle East driving global growth in 2023.
Sentiment: POSITIVE
Tickers: .DXY, STAN-GB, 37ZM-GB,
Keywords: banks, dxy us dollar currency index, davos - world economic forum, switzerland, breaking news: davos, politics, world economy, standard chartered plc, business news,