MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China Consumers Optimistic On 2024 Household Income

MNI (BEIJING)
MNI (Beijing)
Policy NewsAPACChinaEM Policy NewsEM Policy StoryEM BriefBriefStoryRegion

China’s consumers believe finances will improve this year, with 83.5% of surveyed participants expecting stable or better household income, survey results from the China Consumers Association showed on Thursday.

A data breakdown revealed 22.0% of respondents anticipate a considerable income improvement, 34.2% foresee a moderate increase, 27.3% expect stability, and 15.1% anticipate a decrease. Should the government give cash subsidies, 34.8% of respondents would prioritise saving, 28.0% for consumption, 20.6% for investment, 10.8% for debt repayment, while 3.3% were undecided.

Keep reading...Show less
110 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China’s consumers believe finances will improve this year, with 83.5% of surveyed participants expecting stable or better household income, survey results from the China Consumers Association showed on Thursday.

A data breakdown revealed 22.0% of respondents anticipate a considerable income improvement, 34.2% foresee a moderate increase, 27.3% expect stability, and 15.1% anticipate a decrease. Should the government give cash subsidies, 34.8% of respondents would prioritise saving, 28.0% for consumption, 20.6% for investment, 10.8% for debt repayment, while 3.3% were undecided.

Keep reading...Show less