News: 2024.03.18
Mainland China's economic data for the first two months of this year were released. Industrial and fixed asset investment exceeded expectations, but retail sales lagged behind, reflecting that there is still a long way to go before a comprehensive stabilization and recovery. In fact, the domestic housing debt bomb has not yet resolved...
According to the latest mainland economic data, industrial and fixed asset investment performed better than expected. This shows that the mainland economy is growing steadily, but the performance of the retail industry is not satisfactory, indicating that it will take time for a full stabilization and recovery.
The collapse of domestic housing debt is an important issue facing the mainland economy. At present, the domestic housing debt crisis has not been completely resolved, which may have a certain impact on the stability and development of the economy.
In order to solve the problem of domestic housing debt bombing, the government and relevant departments should actively take measures to strengthen supervision, prevent risks, and ensure the stability and healthy development of the economy.
Looking into the future, we hope that the mainland economy can continue to maintain a steady growth momentum, resolve issues such as the housing debt crisis, and achieve sustainable economic development.