It was a challenging quarter for China given fears of a potential slowing of China’s economy due to rigorous coronavirus controls, and tight curbs on property after the real estate giant Evergrande ran into trouble and faced potential debt default. This resulted in...
China reported a record 18.3% GDP growth for the first quarter, a record since statistics have been compiled over nearly 30 years. This indicates that China’s economy is flying back to pre-pandemic levels. For 2021, the stated growth number has been revised down to...
Russia: After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number. Retail investors in Russia have opened a wave of new equity trading...
China’s economy grew 6.5% in the forth-quarter, ending a rough coronavirus-striken 2020 in remarkably good shape. Macroeconomic numbers were encouraging and the important PMI was 51.9% in December which implies a sustained manufacturing recovery. The trade surplus...
China expects to return to positive GDP during the quarter despite a virus setback in Beijing. Equities rallied in June driven by the continued expectation of recovery from COVID-19 and and from global money printing. The non-manufacturing PMI Index went above the 54...
China has outperformed other emerging markets during the quarter as the Chinese government took drastic measures to stop the covid-19 from spreading. When number of virus-related deaths started to drop and the trend continued, factories resumed operations back to...
