analysis by بورس24 | Bourse24 about Stock ارزش on 4/4/2024
🟢 The design of the cover of the new issue of the #Economist weekly newspaper 🔹 China's high-risk transformation program; This program disappointed the Chinese people and angered other countries What is happening in China is the country's biggest economic test since the reforms of the 1990s under Deng Xiaoping. Last year, China's economy achieved growth above 5%, and the government's target rate for economic growth this year is around 5%. 🔹 But the reality is that China's economy faces deep challenges such as the aging of the population, the increase in the unemployment rate of young people in urban areas, tension with the United States, weak domestic and foreign demand, the huge debt of local governments and the lack of trust of people, investors, etc. It is turbulent and Xi Jinping's response to this uniquely dangerous situation is to change the direction of the economy. And the very important and worrying point is that the Chinese people do not trust the new government plan and do not see a clear horizon ahead of them. This is the reason that in the last four years, 5 thousand billion dollars have been reduced from the value of the stock exchange of China and Singapore, inflation has been negative many times, and the producer price index has been decreasing for months. China is facing difficult times. @bourse24ir www.bourse24.ir