Tag: Economic outlook

India's mining sector experiences significant growth in mineral production, indicating a promising economic outlook for the country.

Hong Kong faces a tough economic outlook in 2024, with sluggish recovery and stagnant income growth. Over 60% of companies expect no growth, and 20% anticipate a decrease in income. The survey highlights geopolitical tensions, high interest rates, and weak global demand as contributing factors. However, businesses express optimism about investing in China's Greater Bay Area and other provinces. Retail sales growth is expected to slow in the post-pandemic era. Overall, companies are cautiously optimistic amid uncertainty.

U.S. stock benchmarks rise as inflation concerns ease, boosting economic optimism. Indian markets hold steady after recent declines.

China's economy grows 6.3% in Q2, lower than expected, but still shows resilience and progress. Monitoring its performance and strategies is crucial for global economic recovery.