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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Data from last week indicate a shift in capital flows toward a short-term “risk-on” stance, with equity exchange-traded funds (ETFs) drawing strong net inflows globally while money moved away from defensive positioning into risk assets. U.S. equities extend gains amid ceasefire The U.S. stock market continued its upward momentum into…
The world’s second-largest economy picked up pace in Q1, supported by robust exports that offset weaker domestic demand. On April 16, the National Bureau of Statistics of China reported that Q1 GDP rose 5% year on year.
The 5% pace was higher than 4.5% in the previous quarter and also beat economists’ forecast of 4.8% in a Reuters poll.
Investment in urban fixed assets, including real estate and infrastructure, rose 1.7% year on year in Q1. However, investment in real estate alone fell 11.2%.
In March, China’s retail sales rose 1.7% year on year. The pace slowed from February and was below economists’ forecast of a 2.3% gain.
Industrial output rose 5.7% in the previous month, stronger than expected. Urban unemployment stood at 5.4%, up slightly from February.
Beijing lowered its growth target for this year to 4.5-5.0%, the lowest since the early 1990s. The adjustment reflects slowing domestic demand and prolonged trade tensions with the United States.
The National Bureau of Statistics of China also said the external environment is becoming increasingly complex and volatile, warning of an imbalance between strong supply and weak demand.
As the world’s largest oil importer and heavily reliant on exports, China is not immune to the impact of the conflict in the Middle East. The conflict has slowed trade activity, pushed up factory costs, and increased uncertainty for the outlook this year.
In the first quarter, China’s exports rose 14.7% year on year. According to research firm EIU, this was the fastest pace since early 2022. However, export growth in March alone was 2.5%, well below the more than 20% rise in the first two months of the year.
The conflict has also pushed up energy and logistics costs, placing pressure on global demand.
Economists say China has so far absorbed the economic shock from the conflict well, citing large oil stockpiles, a diversified energy strategy, and tight price controls.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
