Quote On Story Idea : The comprehensive stimulus measures being announced Says Dr. V K Vijayakumar, Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Quote on Story idea 25 August 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"The comprehensive stimulus measures being announced by the Chinese authorities indicate the severity of the economic slump that China is going through. The deepening real estate crisis will impact economic growth severely since real estate accounts for almost 30% of Chinese GDP. Another challenge for the Chinese economy is that their central bank is loosening monetary policy when the rest of the world is tightening policy. This will further aggravate capital outflows from China impacting their capital market which is already under severe strain."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
More News
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a neg...
