BBCNEWS Asia Business Report June 4, 2024 00:35:00
Outlook for china's economy? first and foremost, confidence. i mean, they have the excess savings, they have been keeping them for three years with zero covid policies, but they are not confident about the future and that is dragging down both housing purchases, which are still very, very stagnant, and of course anything that is a consumer durable, such as a car, for example. so that is dragging down more than confidence.— dragging down more than confidence. ~ , , �* confidence. absolutely. and if this is for _ confidence. absolutely. and if this is for the _ confidence. absolutely. and if...