to GDP fourth quarter second time around the block our headline number it gets cut in half in half from 1.4% to.7 that would be the weakest growth in in any quarter since the first quarter of 25. If we look at consumption 2.0% that's from a 2.4% look uh uh on the first look second look 2.0% 0 uh the that would be the lightest since it was only up6 in the first quarter 25. The price index on GDP 3.8% 8 210 hotter than both directions equals the third quarter 25 to find a smaller number here going back to the ...

Studies suggest moderate consumption is harmless. It may even be beneficial https://t.co/IGHbHPBtP6 ...

China got a record bump in lunar New Year holiday spending this year, but that's seasonal, not necessarily sustainable. Hence, Beijing's top priority in the next five year plan through 2030 is to boost domestic demand. Sir, we've heard such calls for rebalancing before, but with rising uncertainties abroad and excess industrial capacity and falling prices at home, Beijing is well.Banging the domestic consumption drum harder than ever. An hour's drive from central Beijing and the seat of power sits the large ...

Studies suggest moderate consumption is harmless. It may even be beneficial https://t.co/EmszegJ3cY ...

9 a. m. in Shanghai, Shenzhen, A Here in Hong Kong.You're watching the China show. I'm Yvonne Man with David English. Good morning.We're counting down to the open of markets in greater China. Our top stories today, stocks across the region are tracking losses on Wall Street as the Iran war escalates. Brent crude is coming on line.We're down about 2.3% in the opening moments. New York crude is down 3% with the US considering a range of options to address the spike in prices. President Trump calls on Iranian ...

China’s leaders plan an historic shift toward consumption, but not at the expense of manufacturing https://t.co/awyasqhieN ...

Summary of Key Points from the Conference Call Industry Overview - **Industry**: Economic Policy and Growth Forecasts in China and Hong Kong - **Company**: Morgan Stanley Asia Limited Core Insights and Arguments - **2026 GDP Target**: Remains unchanged at approximately 5%, aimed at anchoring market confidence during the first year of the 15th Five-Year Plan (FYP) [3] - **Policy Stance**: Focus on cushioning rather than lifting economic activity, with a flat initial envelope of 11.6% of GDP for 2026, including a 4% official deficit [3] - **Fiscal Policy**: A modest fiscal package of RMB 500-600 billion is expected, which includes: - RMB 250-300 billion for consumer goods trade-in - RMB 100 billion for fertility support - RMB 60-120 billion for pre-school education support - RMB 100 billion increase in social welfare support [3] - **Housing Policy**: Introduction of a modest pilot program for mortgage subsidies in select cities post-NPC [3] - **Sector-Specific Focus**: Emphasis on technology localization, infrastructure, and a shift towards targeted R&D in sectors like AI, semiconductors, green energy, and biotech [3] Additional Important Content - **PPI Trends**: Recent uptick in Producer Price Index (PPI) driven by upstream sectors, indicating sluggish consumer demand [6] - **RMB Exchange Rate**: The RMB has appreciated against the USD but remains stable against a trade-weighted basket, with managed volatility by the People's Bank of China (PBoC) [11][15] - **Hong Kong GDP Growth**: Forecasts for Hong Kong's GDP growth have been raised to above-trend levels for 2026-27, driven by a property-led upswing, with residential prices expected to rise by 10% in 2026 [21][22] - **Fiscal Balance**: Consolidated fiscal balance for FY2026/27 projected at 0.6% of GDP, up from 0.1% in FY2025/26, indicating a positive fiscal outlook [25] - **Retail Market Challenges**: Hong Kong's unemployment rate has reached its highest level since 2010, driven by weaknesses in the domestic retail sector and emerging AI disruptions [29] This summary encapsulates the key points discussed in the conference call, highlighting the economic outlook and policy directions for China and Hong Kong, along with potential investment opportunities and risks.

I think fundamentally if you're driving productivity with AI, you're driving leverage on human time and leverage on capital. The question is how quickly can you drive that up. And that's a function of how much consumption there is, how much capacity there is for consumption.So if your earnings are the same, but things are getting more expensive, you're not happy. If your earnings go up by 10%, things stay the same price, you got 10% more than you had last year, you're you're going to be happy. I just think ...

Studies suggest moderate consumption is harmless. It may even be beneficial https://t.co/rzflWpFQ6g ...

Pollution is having a direct effect on consumption and growth, and thus on Narenda Modi’s often-stated ambition to make India a rich country by 2047.If that doesn’t convince India’s leaders to take action, nothing will https://t.co/xfJ7S9OW76 ...