- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- China: Economic results moderated in March – UOB
China: Economic results moderated in March – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest set of results in Chinese fundamentals.
Key Takeaways
“China’s 1Q22 GDP expanded by 4.8% y/y (1.3% q/q SA) compared with 4.0% (1.5% q/q SA) in 4Q21. This was above consensus and our forecasts (Bloomberg est: 4.2% y/y, 0.7% q/q SA; UOB est: 4.5% y/y, 0.8% q/q) and the strong q/q growth pointed to a fairly resilient economic momentum despite the pandemic outbreak.”
“The moderation in the economic indicators in Mar came as no surprise but the slowdown was largely more contained than expected and 1Q22 growth was buffered by a strong rebound in the first two months of the year.”
“Reflecting the pandemic outbreak, retail sales reversed sharply to a contraction of 3.5% y/y in Mar as catering sales plunged by 16.4% y/y, of which restaurant sales were down 15.6% y/y. Sales of discretionary consumer goods such as jewellery and clothing also suffered a disproportionately larger hit.”
“The surge in the surveyed jobless rate warrants concern as the labour market is likely to worsen further. The 31 major cities jobless rate was at a record high of 6.0% in Mar from 5.4% in Feb, exceeding previous high of 5.9% in May 2020.”
“The impact of the domestic lockdowns and the Russia-Ukraine conflict is still uncertain at this point while the real estate market outlook has remained weak. As such, we maintain our 2022 GDP growth forecast for China at 4.9%.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
