China 2022 fixed-asset investment approvals nearly doubled to $218B

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

China’s state planner approved 1.48 trillion yuan ($218.35 billion) worth of fixed asset investment projects in 2022, nearly double the value from the previous year, as authorities geared up to support the COVID-hit economy. | Reuters

China’s exports shrank sharply in December as global demand cooled, contracting 9.9 percent, while imports fell by a more modest 7.5 percent.

Economists anticipate that domestic demand will slowly recover in the coming months, “but for the first quarter, we will still see a bumpy transitional period where we actually might see contraction instead of growth,” Jing Liu, chief economist for Greater China at HSBC, told Reuters in a call following the release of the 2022 data on Tuesday.

Officials also addressed the country’s grain supply, commenting that the NDRC could ensure the safe supply of grain despite the challenges the market is facing.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين