Arab Today, arab today chinese economic confidence retreating
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Chinese economic confidence retreating

Arab Today, arab today

Arab Today, arab today Chinese economic confidence retreating

Chinese entrepreneurs and bankers
Beijing - XINHUA

Chinese entrepreneurs and bankers have become less optimistic about the country's economic conditions, central bank data revealed on Wednesday.
Its entrepreneurs confidence index came in at 64.9 percent in the second quarter of 2014, retreating 2.1 percentage points from the previous quarter, the People's Bank of China (PBOC) said in a report, citing results from a survey of over 5,900 Chinese entrepreneurs.
In a separate report based on a survey of 3,100 bankers, the PBOC said their quarter-two confidence index was down 13.9 percentage points from the previous quarter to 53.7 percent.
China's economic growth slowed to 7.4 percent in the first quarter, marking the lowest quarterly expansion since the third quarter of 2012, but a string of key indicators showed the economy is gradually gaining strength.
Growth in the manufacturing sector continued to accelerate in May, hitting a five-month high that pointed to a stabilizing economy.
Despite the improving signs, the surveys found that more people are concerned about employment. Of the 20,000 savers the central bank surveyed, around 43.8 percent considered employment conditions as "harsh" or "murky," and their expectation index was 47.8 percent, down 2.1 percentage points from a quarter earlier.
Wednesday's reports also show that home prices are still a major issue of public concern, with 63 percent of people surveyed describing prices as "high and hard to accept," down 1.3 percentage points from the previous quarter.
Some 50.3 percent reported that they expect home prices to remain unchanged in the third quarter, while 21.2 percent predicted rises.
The changing outlook came as China's property sector continued to cool in May, as new home prices in half of a sample of 70 major cities showed month-on-month drops.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese economic confidence retreating Arab Today, arab today chinese economic confidence retreating

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese economic confidence retreating Arab Today, arab today chinese economic confidence retreating

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday