Please Watch My New YouTube Video: Will China Send the Global Economy Surging?
Today’s topic is Will China Send the Global Economy Surging? We’ll really know the answer to this starting on Sunday, when the National People’s Congress of China meets. The leaders of China will make some important decisions for the Congress to...
Please watch my new YouTube video: Quick Pick Alibaba
My one-hundredth-and-twenty-eighth YouTube video “Quick Pick Alibaba” went up today. Alibaba (BABA) and other Chinese internet companies have been struggling recently under the pressure of a government crackdown. However, with the slowing of the Chinese...
Bad news with more bad news to come on China’s manufacturing sector
China’s official purchasing managers’ index (PMI) fell to 49.5 in March, the government announced on Wednesday. In this index any reading below 50 signals that the sector is in contraction. This is the first time in five months that this index has shown...
China seen as adding stimulus to its economy in early 2022
Economists predict that China will add significant stimulus to its economy early in 2022. That’s just speculation at this point but it makes very solid sense given: 1. The likely slowdown in China’s economic growth in the fourth quarter of 2021. 2. A...
People’s Bank says it will resort to “more powerful” policies to stimulate China’s economy but leaves details vague
Think of it as a first step toward a policy move and not as an actual plan for action. In its quarterly monetary policy report released Sunday, the People’s Bank of China said it will resort to “more powerful” policies to counter unprecedented economic challenges from...
Jim’s Extra! 5 MORE smart, short-term moves while we wait for longer-term trends to resolve
Jim’s Extras are something new that I’ve added to JubakPicks.com. Jim’s Extras are posts that provide a wider economic or market analysts than the normal diet here of stock specific posts or posts that cover the day’s market moves. Like...
China GDP plunges by 6.8% in first quarter
China’s gross domestic product contracted by 6.8% from a year ago in the first quarter. Economists had projected a 6.0% drop. The decline was the worst since the government began releasing quarterly GDP numbers in 1992. Other numbers in today’s data dump...
More stimulus on the way in China
It looks like looser monetary policy is on the way in China for 2020. Chinese Premier Li Keqiang said Monday the government will study further cutting bank reserve requirements in 2020. It’s a good bet that the Premier would have raised the possible policy...
Politburo throws some cold water on Chinese stocks
On Friday China’s ruling body, the Politburo, suggested that it thought less stimulus might be needed since the economy had recovered its footing. Instead policy should focus on deleveraging China’s banks and corporate balance sheets, and on avoiding...
Official figures show improvement in China’s economy in March
China’s economy expanded at 6.4% year over year in March. That beat the 6.3% expected by economists surveyed by Briefing.com. That projected 6.3% growth itself marked a step up in optimism about China’s economy. Other official numbers reported over night...
The Great (short-term) China Boom debate
Everybody seems to agree that things are looking up for the Chinese economy. The real disagreement is about how long this improvement might last and whether there’s any chance that the upturn might go from improvement to boom. Here’s some of the data that...
China tweaks growth target lower to 6%-6.5% from last year’s 6.6%
Against the setting of the National People’s Congress, which opened today, China’s leaders announced that the growth target for the economy in 2019 would be 6%-6.5%, down slightly from the 2018 target of 6.6%. That dip is significant since the Chinese...
China promises to cut taxes, increase spending to stimulate economy
China will cut taxes by $300 billion (or about 1.2% of GDP according to JPMorgan) in an effort to increase growth in a slowing economy, deputy central bank governor Zhu Hexin, assistant finance minister Xu Hongcai, and Lian Weiliang, vice chairman of the National...
Words, yuan from Beijing push two-day rally to 7%
Friday’s disappointing GDP report did goad China’s government to action to support the stock market and the economy, as I wrote that it would in my Friday post. Words from Chinese President Xi Jinping helped continue the surge in Chinese stock prices off a...
China’s economy continued to slow in September so Shanghai stocks moved up
On Saturday the Chinese government and private surveys released more numbers showing that the country’s economy was slowing. In September growth in China’s manufacturing sector stalled after 15 months of expansion, according to the Caixin/Market...
China stocks bounce big, but there’s reason to think the recovery won’t stick
Stocks in Hong Kong and Shanghai rallied strongly today, Tuesday August 7, after The China Daily, citing an unidentified official at the National Development and Reform Commission, reported that the government would roll out more policies to improve investor appetite...Jim’s Daily Email Alerts:
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