central bank surveys reflect weak confidence in chinese economy
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Central bank surveys reflect weak confidence in Chinese economy

Arab Today, arab today

Arab Today, arab today Central bank surveys reflect weak confidence in Chinese economy

Beijing - XINHUA

Surveys conducted by China's central bank have indicated that bankers, entrepreneurs and depositors are worried about the economy and have less confidence, the Shanghai Securities News reported Saturday. The People's Bank of China (PBOC), the country's central bank, on Friday released reports for surveys conducted to find out public opinions regarding the economy. According to the reports, 34.1 percent of surveyed bankers and 36.4 percent of surveyed entrepreneurs believe the macroeconomy has slowed. The index for loan demand was 72.5 percent, declining 4.9 percentage points from the previous quarter, while the index for the manufacturing sector posted the largest drop of 5.5 percentage points. The loan demand of small and mid-sized enterprises decreased by more than that of large companies in the second quarter, the reports said. Just 30 percent of all surveyed companies said they are optimistic about capital turnover and fund withdrawals. Affected by increasing worries over the capital market, 46.2 percent of respondents said they were inclined to make greater deposits, while 35.7 percent stuck to investment, 1.9 percentage points lower than in the previous quarter. The reports said that 59.1 percent of respondents believe commodities prices are too high, while 66.7 percent said housing prices are not acceptable.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank surveys reflect weak confidence in chinese economy central bank surveys reflect weak confidence in chinese economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank surveys reflect weak confidence in chinese economy central bank surveys reflect weak confidence in chinese economy

 



GMT 02:17 2017 Wednesday ,23 August

Doctors serving at MER-C hospital in Rakhine to study

GMT 18:35 2017 Saturday ,25 March

UAE joins world in marking Earth Hour on 25th March

GMT 12:17 2017 Thursday ,09 November

Sudanese-Mauritanian Higher Committee's Meetings start

GMT 09:41 2017 Thursday ,06 April

Shares in First Abu Dhabi Bank surge

GMT 07:53 2017 Monday ,15 May

Mercedes-Benz Oman unveils new school bus

GMT 05:02 2018 Tuesday ,02 October

Macedonia’s name change referendum declared void

GMT 16:36 2017 Wednesday ,27 December

Muscat bourse gains on recovery in oil prices

GMT 21:24 2017 Tuesday ,14 February

Germany wants Greece to stay in euro zone

GMT 03:54 2017 Saturday ,09 December

7 people dead in Russian house fire

GMT 14:50 2017 Sunday ,19 November

Premier stresses Bahrain-US strategic partnership
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday