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Foreign institutions upbeat about Chinese economy as supportive policies take effect

UBS has raised its China 2024 growth forecast to 4.8 percent from 4.6 percent while Goldman Sachs lifted Chinas GDP growth prediction this year from 4.7 percent to 4.9 percent....

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Property

New housing market rules take effect: 'a golden time to buy or sell a home'

We are finally at an inflection point of the ongoing downward spiral in the housing market wrote Yi Wang who heads up the China real estate team at Goldman Sachs Research.

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Auto

With 10 years of fast growth in the rear view mirror, Nio braces for a tough road ahead

Goldman Sachs however downgraded Nio to sell from neutral citing lukewarm order momentum slow production ramp up and delivery and intensifying market competition.

2024-11-28 21:32 0

World

Xi advocates high-quality development of greater BRICS cooperation at milestone summit

The term BRIC was initially coined in 2001 by Jim ONeill former chief economist at Goldman Sachs as an investment concept referring to emerging market economies of Brazil Russia...

2024-10-24 22:03 0

Finance

A shares surge in post-holiday morning trade

According to Goldman Sachs latest analysis the Chinese stock market is overweight as recent stimulus measures have boosted confidence Chinese equities valuations are below historical...

2024-10-08 14:01 0

Tech

Chinese hit game 'Black Myth: Wukong' sells 10 million copies in 3 days

Goldman Sachs previously projected that Black Myth Wukong could achieve sales of 12 million copies on Steam generating over 3 billion yuan US 420 million in revenue.

2024-08-24 13:23 0

Economy

Wall Street, global financial institutions upgrade China's 2023 economic forecasts

Though Goldman Sachs slightly cut its forecast to 5.3 percent from 5.4 percent its still higher than Chinas official target of a 5 percent growth for the year Reuters said.

2023-10-19 08:27 0

World

Biden signs bill to raise US debt limit

According to Goldman Sachs a global investment bank US total federal government debt would exceed 35 trillion US dollars by January 2025 which equals more than 100 000 dollars...

2023-06-04 10:11 0

Economy

China Focus: China's warming foreign trade boosts global economic recovery

The deepened opening up of Chinas economy and recovery in domestic demand could boost global economic growth by about one percent in 2023 according to a late report by the Goldman Sachs...

2023-02-11 15:03 0

Tech

Twitter rejects Musk's claims that he was hoodwinked

Earlier this week Twitter issued dozens of subpoenas to banks investors and law firms that backed Musks takeover bid while Musk issued subpoenas to Twitters advisers at Goldman Sachs...

2022-08-05 09:27 0

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Foreign institutions upbeat about Chinese economy as supportive policies take effect

New housing market rules take effect: 'a golden time to buy or sell a home'

With 10 years of fast growth in the rear view mirror, Nio braces for a tough road ahead

Xi advocates high-quality development of greater BRICS cooperation at milestone summit

A shares surge in post-holiday morning trade

Chinese hit game 'Black Myth: Wukong' sells 10 million copies in 3 days

Wall Street, global financial institutions upgrade China's 2023 economic forecasts

Biden signs bill to raise US debt limit

China Focus: China's warming foreign trade boosts global economic recovery

Twitter rejects Musk's claims that he was hoodwinked

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Foreign institutions upbeat about Chinese economy as supportive policies take effect

New housing market rules take effect: 'a golden time to buy or sell a home'

With 10 years of fast growth in the rear view mirror, Nio braces for a tough road ahead

Xi advocates high-quality development of greater BRICS cooperation at milestone summit

A shares surge in post-holiday morning trade

Chinese hit game 'Black Myth: Wukong' sells 10 million copies in 3 days

Wall Street, global financial institutions upgrade China's 2023 economic forecasts

Biden signs bill to raise US debt limit

China Focus: China's warming foreign trade boosts global economic recovery

Twitter rejects Musk's claims that he was hoodwinked

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