Blocked income transfer from enterprises, especially SOEs, to households is identified as the key culprit behind China's unusually high savings rates, leading to low consumption & slow growth.| www.eastisread.com
Changes in the relationship between supply and demand in petrochemicals, autos, batteries and low ends of chips evolve with risks of oversupply extending to high-tech and emerging sectors.| www.eastisread.com
The annual Central Economic Work Conference was held in Beijing from Monday to Tuesday as Chinese leaders decided priorities for the economic work in 2024.| english.www.gov.cn
Chief Economist of Bank of China International says it is the key to consumption-based growth| www.eastisread.com
