China: Falling sentiment and economic weakness - expert analysis

China: Falling sentiment and economic weakness - expert analysis

According to a report by finanzmarktwelt.de, the mood in both the economy and the population in China is declining due to Xi Jinping's policies. Official economic figures hide the ongoing weakness of the Chinese economy, which has not shown any sustained recovery for months. The economic indicators, such as the purchasing managers' index and export figures, show a significant deterioration. The ongoing weakness of the Chinese economy is also reflected in the mood of the business community and the population. The anti-corruption campaign and the arrests of CEOs and chairmen of large companies are causing distrust in the business world. Confidence in the Chinese economy and society is declining, including among Chinese consumers. Polls show that many Chinese think their economy and society are in decline and trouble. The uncertain economic situation is also reflected in the saving behavior of Chinese households, which are increasingly investing in real estate, as alternative investment options such as Chinese stocks are considered gambling. Increasing uncertainty in the Chinese economy could also impact the global market, prompting investors to seek alternative investment opportunities outside of China. It remains to be seen how the economic situation in China will develop and what measures the government will take to restore economic stability.

Source: According to a report from finanzmarktwelt.de