Chinese Economics Thread
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Progress instead of profits, as reflected by increased market share across those 14 sectors (more graphs in replies).
China records bumper capital inflow as Gulf investors hedge against US
China saw a US$33 billion capital inflow in May, as investors seek a safe haven and reduce their US exposure amid rising global instability
China has attracted a growing influx of capital from Middle Eastern investors seeking to diversify their US-heavy portfolios in recent months, but Beijing will need to further open up its financial markets to sustain the trend, analysts said.
Beijing announced on Tuesday that China had recorded a US$33 billion net capital inflow from non-banking sectors and higher foreign holdings of Chinese equities in May – an acceleration from .
The department did not break down the figures by country, but analysts noted a growing trend for global investors – including large Gulf sovereign wealth funds – to pivot towards stable, high-growth markets in Asia amid rising global instability.
China will open more metro lines in a single year than any other country has built till date in their history.
Source?