Country: China

This article looks at the wash up of China’s attempt to buy their way into football dominance. And it is timely as we watch Saudi Arabia attempt to do something very similar. Where China pursued Gareth Bale and Hulk, Saudi Arabia has signed Neymar and Christiano Ronaldo. The question is, what comes next? Can Saudi Arabia succeed where China failed?

This article from financial research house Gavekal has taken a look at the recent reporting to try and understand if something is different this time in China.

China’s and Australia’s economies are in some ways on opposite trajectories. Monetary policy rates continue to climb in Australia amid sticky inflation. A recent interest rate reduction in China, meanwhile, is unlikely to stoke demand. One attribute they’ll likely share: a slowdown in growth for the rest of the year.

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Read our latest forecasts for investment returns and our region-by-region economic outlook.

This stat is mind-blowing. And it shatters a lot of preconceived notions about China’s rise and how the job market functions in the quasi-communist, quasi-capitalist economy. 1-in-5 young people are unemployed in China.

Stay informed on the current economic landscape and gain valuable investment perspectives from industry experts.

Despite the official restrictions, chatGPT has spread quickly throughout China. Many Chinese internet users have been able to access it via VPNs or third-party apps that are connected to popular platforms such as WeChat. Hopefully, in time, it can render government attempts to censor information useless.

This article from MIT Technology review looks at how China managed to pull off this feat. An country with a weak car industry, starting well behind their American, Japanese and German peers, has managed to overtake them all.

China's economy is slowing. For the first time in decades, economic growth in China is slower than the Asia-Pacific region as a whole.

Wilson Asset Management lay out five dominant themes that will drive markets in 2023.

China’s reopening rebound will be largely driven by consumption rather than investment, which means this rebound will be concentrated in consumer sensitive sectors, tourism, and retail markets.

The hawkishness of the U.S. Federal Reserve at its December meeting set the tone for markets in December, even as there is clear evidence that inflationary pressures are easing across large swaths of the developed world.