menu search

Goldman Sachs on China's economy: Confidence a big problem, private investment very weak

Goldman Sachs on China's economy: Confidence a big problem, private investment very weak
Goldman Sachs analysts cited in a media piece (gated):“Confidence is a big problem” “For consumers, there are concerns about the future — you don’t really want to spend. Private investment is also very weak. You talk to entrepreneurs, there is still a reluctance to engage.”China's growth target for this year is around 5%, and with youth unemployment climbing:youth unemployment hit record 20.4% in Aprilsocial stability is high up on the scale of Chinese Communist Party concerns. More support for... Read More
Posted: May 29 2023, 21:40
Author Name: forexlive
Views: 081430

Search within

Pages Search Results: