Foreign travel to China showed initial signs of recovery in 2024Q1. Foreigner entry/exit counts recovered to 92 percent of pre-pandemic levels in 2019, growing 305 percent from 2023. Data shows that visa exemptions contributed to the recovery.
By Experts Table.Briefings
The International Monetary Fund (IMF) cited a strong first quarter of 2024 and recent government decisions as reasons for its upward revision.
By Amelie Richter
Within just a few days, China's leadership has launched three billion-dollar aid programs. This shows that Beijing wants to spend a lot of money on economic stimulus after all. Above all, the chip industry can look forward to capital for investment.
By Jörn Petring
There is a first response to the question of where the economic miracle announced at the National People's Congress should begin: The central bank publicly promises to lower interest rates.
By
The growth target set by the National People's Congress can only be achieved if consumption increases. This is good news for German companies – which understand them as a signal for more investment.
By
Amidst economic woes, China's middle class suffers another setback: wages have fallen significantly over the past year. This is also bad news for consumption.
By Jörn Petring
Last year, shortly after the end of the pandemic, China saw a record number of travelers around the Spring Festival. With an estimated nine billion trips, the number is now likely to almost double.
By Jörn Petring
According to a survey by the AHK, German companies see the economic situation in China continuing to face pressure. The increasing competition from Chinese companies also complicates business. Nevertheless, companies remain resilient.
By Jörn Petring
China's population is shrinking even faster than the previous year. The alarmingly declining birth rate cast a shadow over the release of economic data. Analysts, in any case, consider the 5.2 percent economic growth to be inflated.
By Jörn Petring
The mood in the economy remains poor at the turn of the year. The private sector laments a lack of support and consumers are cautious. The party's reaction: suppressing pessimistic economic forecasts.
By Redaktion Table
