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MONEYWEB app instead? Readings of China’s PMI likely softened slightly in July. By Bloomberg News 30 Jul 2021 07:17 Image: Bloomberg Chinaâs factory conditions likely stabilised in July, implying a more steady recovery in the economy in the second half of the year as growth risks mount. The official manufacturing purchasing managersâ index, due to be published Saturday, is forecast to slip slightly to 50.8 in July from 50.9 in June, according to a Bloomberg survey of economists, remaining above the 50 line that separates expansion from contraction. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process. ....
China growth decouples from credit, with global implications bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Covide stops Asia as Western economies prepare to explode During 2020, Asia’s success in controlling Covid-19 became the world economy champion. While Europe and the US were immersed in deep recessions, much of Asia escaped with a smaller decline or continued to grow. But western economies a vaccine-induced bounce Those planning to return to the pre-pandemic scale this year continue to be paralyzed by coronavirus in some parts of Asia. As a result, although production in the region is above pre-pandemic levels, slower growth is expected in the coming months. When it introduced a new regional approach last week, the Asian Development Bank said the region’s economies were different and that Covid-19 was more of a high-risk wave. ....
The Globe and Mail Chris Flood Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ALY SONG/Reuters Assets under management in China’s mutual fund industry surged 48 per cent to a record US$3.1-trillion in 2020, but huge demand for new funds is stoking fears that volatile investor inflows could spur a stock market bubble. China is expected to develop into the world’s second-largest asset management market after the U.S. this decade, providing a huge growth opportunity for investment managers. ....