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...“It’s better than expected, at the same time overall the retail sales and the property numbers look relatively weak,” Larry Hu, chief China economist at Macquarie, said of first-quarter growth....
...“Overall, both production and consumption data from February suggest that both corporates and consumers stay cautious,” said Larry Hu, chief China economist at Macquarie Group....
...“The actual systemic impact of Zhongzhi’s bankruptcy would be limited since its crisis has been brewing for years, and its risk exposures are not cross-held by other financial institutions,” said Larry Hu...
...Larry Hu, chief China economist at Macquarie, suggested that a major driver of the FDI decline was higher interest rates in the US....
...“China is struggling to strike a balance on its property policy over the past two years — they have been caught between providing too much stimulus or not enough,” said Larry Hu, chief China economist at...
...“The worst case that could happen to China banks is not [a narrowing in] the interest margin,” said Larry Hu, chief China economist at Macquarie....
...A reference this month by Yi Gang, governor of the People’s Bank of China, to “strengthening countercyclical adjustment” indicates a move towards easing, according to Larry Hu, chief China economist at Macquarie...
...Larry Hu, chief China economist at Macquarie Capital, noted that while higher oil prices had pushed the price index up earlier this year, it was now responding to rising coal prices....
...Last October, during the first Paris+ par Art Basel fair, Van Hagen commandeered the home of designer Benjamin Paulin for his show California Light & Space and Beyond, with artworks by the likes of Larry...
...“At this moment the housing sector is improving on the margins, but the construction side is still very, very weak . . . it’s probably still going to remain pretty weak this year,” said Larry Hu, chief China...
...“The bottom line is that after serving as China’s growth driver in the past three years, this year external demand will be a major drag to the Chinese economy,” said Larry Hu, chief China economist at Macquarie...
...“Younger people are the most vulnerable in the labour market because they have no experience,” said Larry Hu, chief China economist at Macquarie, who suggested the high rate of joblessness was a result of...
...“So far, the policy easing has been playing catch-up,” said Larry Hu, chief China economist at Macquarie. “It’s still behind the curve in the sense that the property sector is still in deep trouble”....
...It arose from a 2019 forum in China attended by Larry Fink, BlackRock’s chief executive, and top officials including Liu He, one of President Xi Jinping’s most important economic advisers....
...Larry Fink, BlackRock chief executive, last year said the New York-based group was “committed to investing in China to offer domestic assets for domestic investors”....
...Larry Hu, chief China economist at Macquarie, suggests that the economy is “qualitatively going to slow sharply in March and probably in April as well”, but adds that “it’s really hard to estimate how big...
...“External demand was probably the biggest growth driver last year,” said Larry Hu, chief China economist at Macquarie, who suggested it “helped offset the slowdown in property and the very weak consumption...
...The one-year Voting Choice programme will be extended to include small investors in a pilot involving UK pooled funds, chief Larry Fink announced yesterday....
...“I think probably we’re going to see more defaults down the road, and more contagion to other developers,” said Larry Hu, chief China economist at Macquarie....
...“Policymakers have not yet blinked in the face of the Evergrande saga,” said Larry Hu, chief China economist at Macquarie....
...“Beijing has more considerations than the economic point of view,” said Larry Hu, chief China economist at Macquarie....
...“The problem for them is that, usually it’s very hard to pass through cost pressure to consumers,” said Larry Hu, chief China economist at Macquarie....
...“China is taking significant steps in opening up its financial markets,” said Larry Fink, BlackRock chair and chief executive officer....
...But Larry Hu, chief China economist at Macquarie Group, said that overall, Chinese exports helped keep the rate of price growth down....
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