US EditionChina's Steel Market Navigates Property Sector Challenges
4 Articles
4 Articles
China's Steel Market Navigates Property Sector Challenges
Via Metal Miner In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast of 5%. According to the economic data released by the National Bureau of Statistics, strong trade and industrial production helped to propel growth, indicating that China has braved the tariff war unleashed by the United States. Meanwhile declining steel prices seem to indicate A Strong Monday Showing fo…
Deflation dimming China's market allure
Disinflation in China is not being driven by weak household appetite alone. The more decisive factor is a sustained mismatch between policy-driven industrial output and actual market absorption. The country’s price weakness, where the Consumer Price Index (CPI) was in deflation territory from February to May and up a mere 0.1% in June, is the […] The post Deflation dimming China’s market allure appeared first on Asia Times.
China's economy is weak, consumption is sluggish, but there is overproduction, and it is selling at low prices to absorb its production capacity. According to the latest report from Capital Economics, a British economic research institution, China is exporting its deflationary pressure to the world, which may become the root cause of global deflation and is seen by various countries as a geopolitical risk.
Steel Prices: Can China’s Rally Outrun Its Property Market?
In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast of 5%. According to the economic data released by the National Bureau of Statistics, strong trade and industrial production helped to propel growth, indicating that China has braved the tariff war unleashed by the United […]
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