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Bright prospects
The surge in Indian equities is a reflection of the strength and potential of the country’s economy, according to economists and fund managers.

Proven by strong and solid alliance, with big orders and technical know how.

A country with right strategy and direction.

Bright prospects
The surge in Indian equities is a reflection of the strength and potential of the country’s economy, according to economists and fund managers.

The International Monetary Fund expects India to outperform all major emerging and advanced economies this year, logging 5.9% growth in gross domestic product.

India recently overtook China to become the world’s most populous nation, with 1.43 billion people, representing an enormous pool of potential workers and consumers that companies — both in India and abroad — can tap into.

“There is a growing category of the largely urban middle class who have increasing levels of disposable incomes,” Sohini Kar, associate professor of international development at the London School of Economics, told CNN.
“This is quite a heterogeneous group of which some at the top end are able to afford luxury goods, foreign holidays… while at the bottom end, it might be about being able to afford a motorcycle or family car,” she added.

Earlier this month, Airbus (EADSY) agreed to supply 500 jets to Indian airline IndiGo, landing the biggest aircraft order in the history of commercial aviation.

Pieter Elbers, IndiGo’s chief executive, said the airline was keen to capitalize on the “rising disposable incomes” in India, which were adding “millions of first-time flyers to a booming aviation market.”

In another vote of confidence in Indian consumers, Apple (AAPL) opened its first physical store in the country in April.

India’s healthy economic outlook was also cited by credit ratings agency S&P Tuesday as a key reason for its more upbeat view of the country’s financial sector.

Congratulations India. Be with a strong alliance.

India’s stock market is hitting record highs. Here’s why

India’s stock market is booming as investors take a chance on one of the few bright spots in a fragile global economy.

The country’s stocks are so hot that India is now home to the world’s fourth most valuable equity market, behind only the United States, China and Japan.

India’s benchmark Sensex index, which tracks 30 large companies, has soared 10% over the past three months, while the broader Nifty 50 index has jumped 11% in that time.

Both indexes hit all-time highs last Wednesday. This week they have shrugged off nervousness over instability in Russia, where armed mercenaries staged, and quickly called off, a rebellion last weekend.

The revolt fueled concerns that unrest in the world’s second biggest exporter of oil — and a major supplier to India — could upend the global energy market, heaping more pain on economies around the world.

Both Indian indexes have recently far outperformed their European peers. Since late March, the United Kingdom’s FTSE 100 (UKX) has risen just 0.8%, and France’s CAC 40 (CAC40) 2.9%. The pan-European Stoxx Europe 600 index has climbed 2.9%. The S&P 500, meanwhile, has gained 10% over the same time period, staying 8.8% below its record high reached in 2022.
The total value of Indian equities has hit $3.5 trillion, greater than the value of Europe’s two biggest stock markets, in the UK and France, according to data from Refinitiv.

India’s strong performance stands in “striking contrast to Europe,” Sher Mehta, director of macroeconomic research and econometrics at consultancy Virtuoso Economics, told CNN.

“[In Europe] recession fears have been on the ascendant amid concerns of … persistently high inflation resulting in continued monetary tightening,” Mehta said. Those fears and the interest rate hikes have discouraged private consumption and investment in the region, he added.

Dalio's praise of Modi comes the same week that Tesla CEO and Twitter owner Elon Musk met with the prime minister.

The billionaire tech boss pledged to ramp up his EV maker's presence in India "as soon as humanly possible" and called himself a fan of the country's leader.

Legendary investor Mark Mobius also said he was bullish on investing in India – which logged strong GDP growth of 7.2% last year – this week.

"To me, India is the real future," the Mobius Capital Partners founder, whose known in investment circles for his high-profile bets on Chinese assets, told Bloomberg Tuesday. Mobius, the cofounder of Mobius Capital Partners, told Bloomberg Tuesday.

Ray Dalio heralded India as the next big investing opportunity Thursday, saying that the country was primed for massive growth that would echo China's economic transformation in the 1980s.

The Bridgewater Associates founder re-tweeted a photo of himself with prime minister Narendra Modi, adding that worsening tensions between Washington and Beijing would only strengthen the position of the world's fifth-largest economy.

"I am pleased to be able to help PM Modi as he is a man whose time has come when India's time has also come," Dalio said. "He and India are in an analogous position to Deng Xiaoping and China in the early 1980s – i.e., at the brink of the fastest growth rates and biggest transformations in the world."

"The challenges both between and within China and the US are putting PM Modi in a unique position to influence the complexion of the world order via influencing the non-aligned world's dealings with these two leading world powers," the billionaire investor added.

Billionaire Ray Dalio hails India as the next big investing opportunity, saying its economy is on the verge of a China-style rapid surge

Ray Dalio praised India's economic potential Thursday after meeting with the country's prime minister Narendra Modi.
The Asian country is "at the brink of the fastest growth rates and biggest transformations in the world," the billionaire investor said.
Tesla CEO Elon Musk also met Modi this week, pledging to ramp up the EV maker's presence in India.

中国求职难? 年薪52万老总45岁失业 当时薪11令吉快递员

上海30日讯）中国网络近日出现一篇描写年薪人民币80万元（人民币，同下，约51.63万令吉）的民企总经理，在45岁失业后求职处处碰壁，只好担任时薪仅18元的一对一快递员，引起强烈共鸣并成为话题。

中国除了年轻人失业率飙高，中壮年失业问题也浮上台面。

搜狐公众号“极昼工作室”日前发表题为“当一个45岁的中年男人重新找工作”的文章指出，现年45岁的魏鹏（化名），10年前担任中国南方一家家居用品企业的区域总经理。当时，魏鹏的年薪高达80万元，有房有车，旗下有100多名部属。

文章指出，魏鹏在10年后的今年失业，45岁的他却一直找不到正职工作，应征肯德基、必胜客、宜家、星巴克等连锁店的兼职工作，全数失败。其中，面见他的肯德基店长直言，他们征的时薪16.5元前台饮料员职缺，“小伙子小姑娘学生最好”。

拥有19年居家用品销售经历的魏鹏，虽然并不气馁，持续应征多个基层工作，甚至不排斥担任清洗空调及油烟机的工作，但不是石沉大海就是被拒绝。他才逐渐明白，自己因为步入45岁这个被中国企业普遍内化的“就业红线”，才遭到年龄歧视。

根据叙述，魏鹏倒数第2份工作，是在自家附近的花店兼职工作，时薪只有12.5元，却有不少婆婆妈妈们抢着应征，且人数越来越多，但他也只做到5月19日花店“五二0”业绩高潮前夕。隔天，魏鹏转而担任“一对一专送”的“闪送”快递员，时薪18元（约11.61令吉），一整天赚了145元，一直做到现在。

这篇文章发表后，不但引起许多中年男女的共鸣，不少网络评论者纷纷以“45岁能做什么”为开头，直陈中国中年失业群体的数量日趋庞大，问题不但不下于相对被热炒的青年人失业，且中年失业对社会、国家的冲击，将明显大于青年人失业。

自由亚洲电台报道，杭州民众魏桢凌表示，中国经济衰退，民营企业首当其冲加上被打压，身边好几个老板的公司倒闭了，他们的年龄甚至比魏鹏更大，出去找工作根本不现实，“没有人会要他们”。

魏桢凌说，即使手中有房产，但在降价3、40%也卖不掉变不了现的情况下，现金一用完，生计就会陷入困境。自己的朋友有人失业后开网约车，日夜都开每月最多也就赚8000、9000元，若生病或休假只剩4000、5000，在杭州很难生活。

中国博主“深度知局”对失业率高涨、连锁咖啡厅座位甚至坐满失业者的现象发文感叹，大家都听说“百年未有之变局”，却不知道代表了什么意义。现在，看看自己和身边人的遭遇，切身感受到无尽的寒意。（中央社）

28 Jun, 2023India economy set for robust growth in 2023, driven by domestic consumption and infrastructure boost, says GlobalData

Amidst a gloomy global economic scenario, India emerges as a ray of hope and is positioned to achieve the highest GDP growth rate among major economies in 2023. The growth will be driven by robust private consumption and investment, supported by government efforts to enhance infrastructure, logistics, and the overall business climate. However, a decline in external demand may impact trade prospects this year. Nonetheless, the country is expected to maintain a solid pace with a projected growth rate of 5.7%, representing a slight slowdown from the 7% growth experienced in 2022, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, “Macroeconomic Outlook Report: India,” reveals that India’s GDP grew by 6.1% on an annual basis in Q1 2023, surpassing the previous quarter’s 4.5% growth. Private spending accelerated to 2.8% (from 2.2% in Q4 2022), public expenditure rebounded to 2.3% (-0.6%), and gross fixed capital formation increased to 8.9% (8%).

The economic growth in Q2 and Q3 2023 is expected to be driven by private consumption, supported by a revival in rural demand and increased manufacturing activity supported by benign inflation. India’s annual inflation rate dropped to 4.25% in May 2023, marking the lowest level since April 2021 and remaining closer to RBI’s inflation target of 4%.

Apple big sales in India and total 15% of I-phone 15 will be manufactured in India.

6月制造业萎缩 中国经济势头再放缓

（北京30日讯）中国经济6月份增长动力愈发不足，制造业活动再度萎缩，服务业和建筑业活动不及预期，出台支持政策的紧迫性加强。

中国国家统计局周五公布数据，6月份制造业采购经理指数为49，略略高于5月份的48.8，符合接受彭博调查的经济学家预估中值。

包含服务业和建筑业活动的非制造业采购经理指数为53.2%，比上月下降1.3个百分点，并弱于预期。

中国经济阴霾密布，消费支出活动第一季度激增后放缓，地产回暖势头消退，出口乏力，基建投资步伐放慢。

青年失业率高企

消费者和企业信心低迷，青年失业率保持纪录高位，企业利润下降。通缩风险也可能进一步拖累经济增长。

经济前景担忧加剧了今年可能出台更多刺激措施的猜测。

最近几周中国政府下调利率，并将新能源汽车车辆购置税减免政策延续至2027年底，部分城市放松楼市限购。

不过，越来越多的专家预计，中国今年只会适度出台刺激措施。

地方财政压力较大，还面临防范化解地方政府债务风险的难题，掣肘中国货币和财政支持空间。

如果继续降息，会进一步扩大与美国的利差，从而加大人民币贬值压力。

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Posted by IDQWE001 > 1 hour ago | Report Abuse

What Is Russia’s Wagner Group Doing in Africa?

The fact that evil Russia damaged Africa and not western countries. As a smart investors will not invest on those countires with wars and wrong strategy work with evil alliance.

Ans: eventually evil Putin bites his own bullets. Putin will fall so as evil alliance.

Posted by foongsh > 8 hours ago | Report Abuse

The key word is spending power even with only 2% GDP growth. Eventhough with high inflation people able to spend due to low jobless rate and high income. Country with 5% GDP growth rate (???) , however, with low spending power due to high jobless rate and pay cut will only cause deflation.

Low jobless rate with high spending power is the key of economy, if people pessimistic about the future especially become negative assets they can't afford to spend. This will cause deflation.

Evil Russia sucking blood of Africa. Putin evil private military mess up Africa.

Wagner’s services vary based on the needs of its clients, which include rebel groups and regimes, and its funding ranges from direct payment to resource concessions.

Combat operations. Wagner troops have supported African governments in combat operations against rebel groups, and vice versa. Approximately one thousand Wagner troops entered CAR in 2018 to defend the government of President Faustin-Archange Touadéra against rebel attacks on the capital, Bangui. In return, Wagner subsidiaries received unrestricted logging rights and control of the lucrative Ndassima gold mine. Similarly, Wagner Group forces deployed to Mozambique in 2019 to help fight the self-proclaimed Islamic State in the northern Cabo Delgado province. However, the group failed to contain the insurgency and withdrew from the area after a few months.

Security and training support. Wagner acts as a security service for vulnerable regimes. The group served as a part of a personal protection detail for Touadéra and helped train CAR’s army to prepare for possible coup attempts. Wagner has operated in Sudan since 2017, training Sudanese troops, guarding mineral resources, and suppressing dissent against the government of President Omar al-Bashir, all in exchange for gold exports to Russia. In many cases, Wagner’s support is supplemented by official Russian military assistance, such as in Mali, where the armed forces received combat and surveillance aircraft from Moscow.

Disinformation campaigns. Prigozhin also owns the Internet Research Agency (IRA), an online “troll farm,” and the Association for Free Research and International Cooperation (AFRIC), both of which are under U.S. sanctions and have worked alongside Wagner. The IRA previously outsourced work to individuals in Ghana and Nigeria that sought to inflame political divisions in the United States ahead of the 2016 presidential election, while AFRIC has sponsored “phony election monitoring” in several African nations, including Mozambique and Zimbabwe. Prigozhin has also been accused of co-opting Pan-Africanist movements to promulgate anti-French and anti-Western messages.

What Is Russia’s Wagner Group Doing in Africa?

The Wagner Group, a thousands-strong private military force, has in recent years become one of Russia’s most influential foreign policy tools. It has played a significant role on the battlefields of Syria and Ukraine and, recently, has worked to expand its footprint in Africa. The group has operated in several African countries since 2017, often providing its clients with direct military support and related security services alongside propaganda efforts.

he Wagner Group has established operations in several African countries, where many of its operations focus on security issues. It has often provided security services and paramilitary assistance and launched disinformation campaigns for troubled regimes in exchange for resource concessions and diplomatic support. Wagner is most active in the Central African Republic (CAR), Libya, Mali, and Sudan, all of which have a tenuous relationship with the West due to colonial legacies and inherent political differences.

CCP could claim GDP inccrease 50% this year, only their supporters and speculators will believe to con others. Smart investors follow smart money. Both Yen & Yuan are weak but their stock markets performed differently. Smart money flew into strong & dynamic markets and out from weak market. Smart money never listened to cheating data but always moving towards the right direction and strategy policies with strong and solid alliance.

Asian shares subdued, yen and yuan hover near 8-mth troughs

SYDNEY: Asian shares were sudued on Thursday after global central banks reaffirmed their inflation-fighting resolve, warning rates may need to rise further, while the yen and the Chinese yuan struggled to lift from lows amid fears of official intervention.

MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while markets in Singapore, India and Malaysia are closed for holidays. Chinese blue chips slid 0.3% and Hong Kong's Hang Seng index fell 0.7%.

Japan's Nikkei, however, gained 1% and was headed for a monthly rise of 8.5% and a quarterly jump of 19%.

The offshore yuan hovered near an eight-month trough at 7.24 per dollar on Thursday, after the central bank fixed the daily guidance at the weakest level since November.

OKYO: Japanese stocks climbed for a second straight session on Thursday, as a softer yen boosted exporters while tech shares resumed a rally after traders assessed the prospects of further investments in the chip industry.

Shares of Nissan Motor jumped 3.5% as the yen trading near the weakest in more than seven months boosted the value of its overseas sales. Rival Mazda Motor climbed 1.42%

Chip industry heavyweights Tokyo Electron and Advantest surged more than 3% each.

Evil axis only talks about money and power, with fallen of evil Putin CCP makes an U-turn. This is the nature of CCP.

Posted by foongsh > 8 hours ago | Report Abuse

Chinese Industrial profit (YoY) (Jun) -12.6%
Chinese Industrial profit YTD (May)-18.8%

Very bad data.

Data annouced by CCP. Now I know CCP is also falungkong.

Country with evil axis. Global supply chain restructuring factories have not enough ordered caused pay cut and jobless. No money paying housing loan caused default payments and local banks short of cash flow, depositors even can't withdraw their hard earned money. Very pity.

“Why not”: China supported the return of Crimea to Ukraine
Lyudmila Zhernovska22:37, 27.06.23


The Chinese ambassador said that they respect the territorial integrity of all countries.

China can support Ukraine’s aspiration to restore territorial integrity within the 1991 framework .

The Ambassador of the People’s Republic of China to the European Union, Fu Cun, in an interview with Al Jazeera , when asked by journalists about supporting Kyiv’s goals, including the return of the territories occupied by Russia, said: “I don’t understand why not.”

“We respect the territorial integrity of all countries. Therefore, when China established relations with the former Soviet Union, we agreed to it. But, as I said, these are historical issues that must be discussed and resolved by Russia and Ukraine, and that’s why we stand up,” Fu Tsung declared.

Evil Putin falls, his brother does not support him anymore. War will end soon. Ukraine will get back all their lands.

Only trust data and facts.

Wall Street closes higher as upbeat economic data allays slowdown fears

(Reuters) - U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

Separate reports showed new orders for key U.S.-manufactured capital goods unexpectedly rose in May, and sales of new single-family homes surged in the same month, while U.S. consumer confidence increased to a near 1-1/2 year high in June.

The data gave investors a reason to buy back into stocks after a "pretty vicious correction" in the last several sessions, said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

"What we have today is this series of economic releases that on balance fit this setting of an economy that continues to be in an expansionary mode, without at the same time suggesting there's any condition that's running too hot."

And just days before the second quarter ends, Luschini said it was notable that some the top sector performers on Tuesday, such as consumer discretionary and technology, were also the market's biggest gainers on a year-to-date basis.

While the economic data was encouraging, Rhys Williams, chief strategist at Spouting Rock Asset Management, said the market was likely helped by so-called window-dressing, when fund managers add outperforming assets to their portfolio for their quarter-end statements.

Chinese Industrial profit (YoY) (Jun) -12.6%
Chinese Industrial profit YTD (May)-18.8%

Chinese shares ended with losses on Wednesday as sentiment was dampened by the renewed drop in industrial profits in May, underscoring the impact of the slowing economic recovery on the profitability of industrial firms in the country.

The benchmark Shanghai Composite Index fell marginally to 3,189.38. The Shenzhen Component Index edged down 0.5%, or 51.76 points, to 10,926.32. Both indices were back in negative territory after a brief breather on Tuesday.

Sentiment in the local equities market turned cautious after industrial profits in China slumped 18.8% year over year in the first five months of 2023 to 2.67 trillion yuan.

The renewed contraction came as the profit of the mining industry slipped 16.2% year over year, sharper than the 12.3% decline in the previous four-month running period, while that of the manufacturing industry plunged 23.7%, easing from the 27% decrease in the January-April period.

Of the 41 major industries in China, only 14 sectors recorded higher profits in the four-month period versus a year earlier.

S&P Global Ratings, in a report on Tuesday, said China is grappling with an uneven economic recovery.

“China's recovery momentum post-COVID is ebbing, waylaid by weak business and household confidence, and a slower global macro-economic backdrop. High youth unemployment and lingering property weakness further sour sentiment,” S&P said.

Chinese Industrial profit (YoY) (Jun) -12.6%
Chinese Industrial profit YTD (May)-18.8%

Chinese shares ended with losses on Wednesday as sentiment was dampened by the renewed drop in industrial profits in May, underscoring the impact of the slowing economic recovery on the profitability of industrial firms in the country.

The benchmark Shanghai Composite Index fell marginally to 3,189.38. The Shenzhen Component Index edged down 0.5%, or 51.76 points, to 10,926.32. Both indices were back in negative territory after a brief breather on Tuesday.

Sentiment in the local equities market turned cautious after industrial profits in China slumped 18.8% year over year in the first five months of 2023 to 2.67 trillion yuan.

The renewed contraction came as the profit of the mining industry slipped 16.2% year over year, sharper than the 12.3% decline in the previous four-month running period, while that of the manufacturing industry plunged 23.7%, easing from the 27% decrease in the January-April period.

Of the 41 major industries in China, only 14 sectors recorded higher profits in the four-month period versus a year earlier.

S&P Global Ratings, in a report on Tuesday, said China is grappling with an uneven economic recovery.

“China's recovery momentum post-COVID is ebbing, waylaid by weak business and household confidence, and a slower global macro-economic backdrop. High youth unemployment and lingering property weakness further sour sentiment,” S&P said.

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香港出口降幅超预期 全球需求下滑

Worse than Singapore. Negative assets only happened in CCP.

Defaults Trigger Property Sell-Off, Shanghai Housing Prices Plunge 25%, Economy Loses Key Driver

https://youtu.be/PD2hxRecYSA

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Posted by DickyMe > 5 hours ago | Report Abuse

"Posted by qqq47660 > 1 day ago | Report Abuse

China is a land of geniuses, united, patriotic, well educated, hard working...those are not ingredients for failures. Those are ingredients for success."
==============

You are right! That is why they successfully spread Covid virus all over the world and faced the consequences. They are indeed genie arses!

Possible leaked from Wuhan lab.

Billionaire Ray Dalio hails India as the next big investing opportunity, saying its economy is on the verge of a China-style rapid surge

Ray Dalio praised India's economic potential Thursday after meeting with the country's prime minister Narendra Modi.
The Asian country is "at the brink of the fastest growth rates and biggest transformations in the world," the billionaire investor said.
Tesla CEO Elon Musk also met Modi this week, pledging to ramp up the EV maker's presence in India.

Billionaire Ray Dalio hails India as the next big investing opportunity, saying its economy is on the verge of a China-style rapid surge

Ray Dalio praised India's economic potential Thursday after meeting with the country's prime minister Narendra Modi.
The Asian country is "at the brink of the fastest growth rates and biggest transformations in the world," the billionaire investor said.
Tesla CEO Elon Musk also met Modi this week, pledging to ramp up the EV maker's presence in India.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

河南房企巨头 建业地产爆大雷

2023年06月27日

中国房企到底怎么了？
在中国曾经称王称霸的房产企业近年频频告急，如今有的竟然直接公开违约。

河南家喻户晓的“河南王”建业地产(Central China Real Estate Ltd. )，在辉煌时期旗下的楼盘多不胜数，但近两年却传出资金面持续紧张。

而今更是“摆烂”，称未能按时偿还一笔境外债的利息，将暂停支付所有境外债权人，集中资源保交付、保经营。

公告称，建业地产自2021年起通过延长债务期限等方式增加流动资金，但2023年第二季度以来，中国房地产市场销售持续疲软，导致公司流动资金紧张状况加剧。

“目前公司仍保持正常商业运营，截至公告日期，并未收到任何有关加快境外还款的通知。”

自2021年下半年以来，中国房企境外债违约已成普遍现象，包括旭辉控股、龙光集团、正荣地产等房企都暂停支付所有境外债务，并寻求整体债务解决方案。

Property sectors bad debt defaults and more to come.

China culture does not need those rubbish communism and socialism western rubbish.

Posted by foongsh > 1 hour ago | Report Abuse

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

China culture does not need those rubbish communism and socialism western rubbish.

Posted by foongsh > 7 minutes ago | Report Abuse

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Posted by foongsh > 8 minutes ago | Report Abuse

Posted by IDQWE001 > 8 hours ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

Posted by foongsh > 7 minutes ago | Report Abuse

Posted by IDQWE001 > 7 minutes ago | Report Abuse

That silly fools not only a communist but also a Russian.

He could be a Russian Communist. CCP is the grandson of Russian Communist.

Both communists also love US dollars. Even Russia non communist also love US dollars that's why Wagner Chief house forfeited millions US dollar cash. Very sure evil Putin house will have much more US dollar than Wagnar Chief.

消费支出数据逊色 中国经济阴霾密布

中国的消费驱动型复苏正显现出失去动能的更多迹象，从节日旅游到汽车、住房等各个领域的支出都在放缓，令市场对政府出台更多刺激措施稳经济的预期升温。

周末出炉的官方数据显示，端午节期间国内旅游支出低于疫情前水平。端午楼市也未见明显好转，销售低于前几年的水平。6月乘用车零售预计同比下降。

在取消动态清零防疫措施后，消费反弹今年推动了中国增长，但信心依旧疲弱，越来越多的证据发出经济可能需要更多帮助的声音。

央行本月早些时候降息后，经济学家预测未来还将有更多货币和财政刺激政策，官媒近几日也发表一系列文章，提到可能会出台的经济支持措施。

野村首席中国经济学家陆挺在周日的一份研报中写道，假日旅游数据显示，疫情过后接触性服务的复苏势头正在减弱。他指出，单次旅行的平均支出比2019年时低了约16%，“意味着要么是人们的消费意愿减弱，要么是购买力下降。”

“随着被压抑的需求下降，未来几个月经济二次探底的风险变得更加切实，我们预计接触性服务消费增长将进一步减弱，”陆挺写道。

A股节后续走弱

A股节后延续走弱态势，周一沪深300指数一度跌1.6%。消费必需品和金融板块表现疲弱。

Forsyth Barr亚洲的高级研究分析师陈维乐（译音）称，端午假期的旅游数据不如五一假期，这是造成A股下跌的原因之一。

并非所有数据都表现黯淡，据新华社报道，端午期间的电影票房取得了影史端午档第二的好成绩。但其他指标显示，消费支出没有获得动能。

《21世纪经济报道》称，诸葛数据研究中心的监测数据显示，端午期间重点10城新房成交4547套，仍为近五年来的次低谷。根据乘联会的初步估计，6月乘用车销量预计将同比下降近6%。

Deflation....

Posted by foongsh > 8 hours ago | Report Abuse

Wagner cheif and Putin still missing, Wagner group still not disarmed. Still need to buy more pop corn.

That silly fools not only a communist but also a Russian.

Posted by foongsh > 17 minutes ago | Report Abuse

All evil alliance will be destroyed by NATO+.

NATO+, AUKUS, Indo-pacific formed strong alliance.

Posted by foongsh > 1 hour ago | Report Abuse

Putin ran like headless chicken. He even could not control his chef, useless silly fool.

NATO+ & Ukraine will win the war.

Posted by foongsh > 28 minutes ago | Report Abuse

Without CCP China will be as strong as 2000 years ago. With CCP their members are as rich as 2000 years ago. Putin runaway he could be with his evil friend in Beijing.

No CCP no bubbles. LOL.

Posted by foongsh > 23 minutes ago | Report Abuse

Posted by treasurehunt > 35 minutes ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty. Hahaha

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communists and Socialists are not original from ancient China.

Unfortunately Xi screwed up the situation to form evil alliance with evil killer Putin. They pledged ‘changes not seen in 100 years’. ha .... evil killer dah missing for few days may be visiting his brother Xi.

Ans: Evil Putin lost control his empire, before that all evil supporters believed that nobody could challenge him. The evil even could not control his private chef. His military forces even joined hand by hand with Wagner Chief, this is the consquence of power crazy dictator. This apply to CCP Xi.

You are another joker must well you beg PH remove Anwar. LOL.

Posted by IDQWE001 > 0 seconds ago | Report Abuse

Posted by treasurehunt > 35 minutes ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty. Hahaha

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communists and Socialists are not original from ancient China.

Posted by treasurehunt > 35 minutes ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty. Hahaha

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communists and Socialists are not original from ancient China.

Posted by foongsh > 1 hour ago | Report Abuse

CCP and its supporters love US dollars and white elephants very much. Using public funds to feed white elephants will get their beloved US dollars. One stone kill 2 birds.

CCP con home buyers to buy higher property price to feed them. Property bubble burst caused local governments and local banks fallen into bad debt traps.

Posted by treasurehunt > 6 minutes ago | Report Abuse

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communists and Socialists are not original from ancient China.