BEIJING : Chinese household savings will return to normal as residents' consumption and investment have improved, Liu Guoqiang, deputy central bank governor, said on Friday.The normalisation of consumption appetites and possible reductions in excessive savings, after the lifting of China's stringent COVID
BEIJING : Chinese household savings will return to normal as residents' consumption and investment have improved, Liu Guoqiang, deputy central bank governor, said on Friday.
The normalisation of consumption appetites and possible reductions in excessive savings, after the lifting of China's stringent COVID 19-related curbs, may bolster the world's second-largest economy, but some analysts said it was too early for a verdict on consumer"revenge" spending.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China will adjust monetary policy in a timely way - PBOC vice-governorBEIJING : China's central bank will adjust monetary policy in a timely way, Liu Guoqiang, vice-governor of the People's Bank of China (PBOC), said at a press conference in Beijing on Friday.The central bank will steer monetary policy mainly on the basis of domestic conditions, he added, and the PBOC will
Read more »
‘Sooner than you think’: Simu Liu teases future Marvel team-ups for Shang-ChiIt looks like fans might not have to wait too long before witnessing Shang-Chi team up with other Marvel superheroes. Speaking to People at the Academy of Motion Arts and Sciences Sci-Tech Awards on Friday, 'Shang-Chi and the Legend of the Ten Rings' star Simu Liu, 33, mentioned an upcoming Marvel film that will include several popular superheroes, including the one he plays. Countless fans have been waiting for news of a team-up since the introduction of Liu's character in “Shang-Chi and the Legend of the Ten Rings' in September 2021.
Read more »
Belarus leader hails China ties ahead of Xi meetingBEIJING: Belarusian President Alexander Lukashenko on Wednesday (Mar 1) hailed his country's ties with Beijing ahead of a closely watched meeting with his Chinese counterpart Xi Jinping. The state visit to the Chinese capital by
Read more »
Lukashenko in China says Belarus ‘fully supports’ Beijing’s Ukraine planTalks “should be aimed at preventing a slide into a global confrontation that will see no winners”, he tells China’s President Xi Jinping. Read more at straitstimes.com.
Read more »
Visitor flock to Macau again, but its gambling dependence draws Beijing’s ireEven as Macau recovers – gambling revenue jumped by a third in February – its long-term challenges are coming into sharper focus. Read more at straitstimes.com.
Read more »
Taiwan reports 19 Chinese air force planes in its air defence zoneChina has said its activities in the area are justified. Read more at straitstimes.com.
Read more »