China's economic recovery is off to a slow start
Publishing timestamp: 2023-02-14 20:05:17
Summary
Preliminary economic data from China indicates that the recovery from the pandemic is off to a modest start. Loan data for January showed year-on-year growth in loans to businesses, but a sharp drop in loans to households. Analysts warn that markets should not be too bullish about growth this year. Inflation is not expected to be a major concern in China this year, and policy is expected to remain accommodative.
Sentiment: NEUTRAL
Tickers: CNY=,
Keywords: business news, us dollar/chinese renminbi fx spot rate, stock markets, markets, market insider,
Source: https://www.cnbc.com/2023/02/15/chinas-economic-recovery-is-off-to-a-slow-start.html