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Analysis:China's attempts to lift confidence in economy fall flat

BEIJING : Chinese Premier Li Qiang went to the World Economic Forum in Davos last week with a mission to present a positive image of the economy and schmooze financial elites: "Investing in the Chinese market is not a risk, but an opportunity."The message fell flat.As soon as Chinese markets reopen
City Of United Kingdom Marius Zaharia Xu Hongcai Karin Strohecker Chris Scicluna

Analysis-Investors give up futile wait for China to fix economy

From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing. Stock markets in Hong Kong and Shanghai tumbled on Monday -- the Shanghai index marking its worst day since April 2022 -- as investors retreated from what was a 'must have' country in global portfolios just a year ago. The selling seemed to subside on Tuesday as Chinese Premier Li Qiang chaired a cabin...
Hong Kong New York United States Norman Villamin Ankur Banerjee Li Qiang
Source: yahoo.com

Investors give up futile wait for China to fix economy

SHANGHAI/NEW YORK :From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing.Stock markets in Hong Kong and Shanghai tumbled on Monday - the Shanghai index [.SS] marking its worst day since
Hong Kong Derrick Irwin Li Qiang Tony Roth Norman Villamin Goldman Sachs

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