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BBCNEWS Asia Business Report June 4, 2024 01:37:00

Targeted will help curb the downturn we saw in q2. consumer confidence, do you see this changing? yes, certainly. one of the surprises, at least for us, is that there is a signal coming from authorities that the regulatory environment is reaching some sort of inflection point. authorities at the very high level are pledging the support to private enterprises, especially for the platform economy, which is not the signal we got two or three years ago. i do think going forward the regulatory environment will be easier, which will help lift private sentiment that much higher in the second half of this year. that is louise loo. elsewhere in the world, lebanon s central bank governor riad salameh has stepped down after 30 years. the 73 year old leaves office facing a slew of criticism, including presiding over a financial crisis as well as corruption charges both at home and abroad. lebanon has failed to appoint an official successor to mr salameh, who has headed the central bank since 1993 ....

United States , We Saw , Consumer Confidence , Inflection Point , Platform Economy , Riad Salameh , Louise Loo , Central Bank ,

China unveils measures to boost private economy, backs private firms in major tech breakthroughs such as cloud computing and AI

China’s National Development and Reform Commission (NDRC), the country’s top economic planner, and other departments jointly unveiled measures to boost the development of the private economy, including backing the private companies in major science and technological breakthroughs.
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Wang Shancheng , Dai Shiyou , Party Of China Central Committee , China Securities Regulatory Commission , Reform Commission , China National Development , Haian High Tech Zone , East China , National Development , Communist Party , China Central Committee , State Council , Real Estate Investment Trusts ,

BBCNEWS Asia Business Report June 4, 2024 00:37:00

Would help lift consumer sentiment at all, but i do think the fact that the government is more targeted, the fact that the measures are targeted will help curb in q2. consumer confidence, do you see this changing? yes, certainly. one of the surprises, at least for us, is that there is a signal coming from authorities that the regulatory environment is reaching some sort of inflection point. authorities at the very high level are pledging the support to private enterprises, especially for the platform economy, which is not the signal we have got two or three years ago. i do think going forward the regulatory environment will be easier, which will help lift private sentiment that much higher in the second half of this year. elsewhere in the world, ....

Consumer Sentiment , Consumer Confidence , United States , Platform Economy , Inflection Point ,

BBCNEWS World Business Report June 4, 2024 10:38:00

Alarm bells are ringing about the outlook for china, but officials remain confident this is a short term blip. only last month, the chinese premier li qiang said his country was still on track to reach its annual growth target of around 5%, a modest target after china grew just 3% last year, one of the weakest showings in nearly half a century. one economist told us the country s recovery is uneven. i think this set of data tells us that the recovery is felt very unevenly across different enterprises. larger enterprises faring fairly well, smaller ones, not so much. and the most concerning part for me is that the fact the outlook, particularly for new orders and new export orders, also look relatively weak out of the manufacturing s pmi in particular. on the services side, i think what we are seeing on this set of data is the fact that actually consumers are not spending, are not confident enough in spending ....

Li Qiang , Alarm Bells , Export Orders ,

BBCNEWS Asia Business Report June 4, 2024 23:36:00

These kind of single drip policy would help lift consumer sentiment at all, but i do think the fact that the government is. the fact that the measures are targeted will help curb in q2. the measures are targeted will help curb in 02. help curb in q2. consumer confidence, help curb in q2. consumer confidence, do help curb in q2. consumer confidence, do you - help curb in q2. consumer confidence, do you see - help curb in q2. consumer| confidence, do you see this changing? confidence, do you see this chanauin? , . ., , changing? yes, certainly. one ofthe changing? yes, certainly. one of the surprises changing? yes, certainly. one of the surprises at changing? yes, certainly. one of the surprises at least - changing? yes, certainly. one of the surprises at least for i of the surprises at least for us is that there is a signal coming from authorities that the regular tour environment is reaching from sort of inflection point. authorities at these at the very high level are pledgi ....

Drip Policy , Consumer Sentiment , Consumer Confidence , United States , Help Curb , Platform Economy , Tour Environment , Inflection Point , Louise Loo ,