China's latest GDP figure didn't upset markets

China's Latest GDP figure pretty lack luster but markets weren't upset by it.

China's Latest GDP figure pretty lack luster but markets weren't upset by it. Source: AFP

China's latest GDP figure is lack luster, but fortunately within expectation. Hence global markets, especially the Asian Pacific markets were not upset by it.


Hong Kong Hang Seng and Shanghai Composite Index responded positively to the figure, even though it was deemed as the worst figures in 26 years, and Nikkei ended higher upon US doing well last Friday.

US Dow Jones didn't open on Monday because of public holiday and European markets dropped as Theresa May's Brexit Plan failed to boost markets sentiments.
 
Now considering Chinese Government has released series of stimulus measures to boost up its economy in the middle of rapid drop of export and import figures.

Our colleague, Alex Chan has asked independent economist and strategist Dr. Chan about the gist of the policies itself, the chances it offers to the market,the problem it may lead up, namely expansion of the size of debt, and most importantly why it didn't include policiy initiatives promoted by chief architect, Vice Premier, Liu He's.   





Share

News

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Mandarin-speaking Australians.
Understand the quirky parts of Aussie life.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
Simplified Chinese Collection

Simplified Chinese Collection

Watch onDemand
China's latest GDP figure didn't upset markets | SBS Chinese