Loan Growth
China, Asia
11th September 2024, is the 15th consecutive month of falling loan growth for the Chinese economy. This follows a sharp fall in real estate sales combined with lower consumer spending, especially in the growing Electric Vehicle sector. There is also an impact of the same in commodity imports as copper, crude and other basic commodities witness a decline. Next quarter is crucial to decide the full effect of the slowdown.
China government ,Target Investing
Semiconductor Exports
Taiwan & South Korea, Asia
4th September 2024, After three months of a rising trend there was some decline witnessed in the latest release of data. Though the prices are stable there has been a sharper fall in volume, especially in Taiwan exports. This is despite China importing higher in July 2024 reaching past the high of August 2022 before Chip restrictions. In a few weeks, USA elections are to be held and the result might impact these exports that need to be monitored closely.
.png)