Stay updated with breaking news from Of iwg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
I mean, these figures for trade are actually even worse than economists had anticipated in terms of exports. Its the weakest data since back in february 2020, when china, of course, was right in the thick of the pandemic. Why is this data so bad . Well, its mainly to do with chinas customers abroad. Theyre really struggling with high inflation, high Interest Rates. So theyre spending less money on chinese goods. And if youre a policymaker in beijing, well, its difficult to say what you should do about that. You cantjust force other countries to start buying more of your goods. But theres also more to contend with. If you look at the spending within china, thats also looking not very encouraging at the moment. Tomorrow, were expecting some more figures to be coming out, which will probably show Deflation Prices actually going down in china. Thats a bit more difficult to expl ....
On for so long that customers just aren t ready to splurge post pandemic like they did in europe, like they did in the united states. so you ve got problems outside of china, people not ready to spend on chinese goods and within china, as well. flexible working space firm iwg retained a cautiously optimistic outlook after posting a 48% surge in half year profit today, helped partly by highdemand for its spaces and improved pricing. the uk listed owner of the spaces and regus brands said adjusted core profit from continuing operations, for the six months ended june 30, jumped to £198 million or $253 million. i m joined by mark dixon, ceo of iwg. good to see you. where is your growth coming from? it is good to see you. where is your ....