China's GDP Growth Beats Estimates But Markets Unimpressed | Bloomberg: The China Show 4/16/2024

Published 2024-04-15
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

00:00:00 - Bloomberg: The China Show opens
00:04:52 - Traders await China's 1Q GDP, March activity data
00:13:53 Germany's Scholz in Beijing for talks with Xi
00:17:06 - China loosens grip on yuan by weakening fix amid dollar strength
00:24:48 - China home prices fell in March
00:25:34 - Interview with KraneShares' Xiaolin Chen ahead of China's key economic data release
00:35:49 - CATL's profit climbs as battery dominance pays dividends
00:37:43 - Issuers say Hong Kong gives initial Bitcoin, Ether ETF nod
00:46:04 - China's releases 1Q GDP, March activity data
00:51:18 - BlackRock's Philipp Hildebrand on Chinese demand, Fed policy
01:06:15 - Israel vows response to Iran as US and allies urge restraint
01:10:45 - China defends outlook as March data hits stocks and the yuan
01:13:15 - Moody's Ratings' Lillian Li on the strength of China's economy
01:20:31 - Strong dollar hits Asian FX
01:21:19 - Baidu hosts annual AI developer conference
01:25:13 - Vanke readies $18 billion of assets as collateral for new loans

All Comments (16)
  • @2023gainer
    The EV sector selection keeps improving. FSRN rising 129 % Monday. Fisker..3 new global Dealership agreements announced. April should be strongest month of deliveries. Li Auto... Xpeng....NIO .. Archer Evtol Jets and more as the EV future nears
  • @SpruceWood-NEG
    1.1-1.2 billion people is the most reasonable number in China. Now it has actually exceeded 1.5 billion. The Chinese economy is undergoing transformation, with labor-intensive enterprises shifting to other countries. China needs to quickly break through the key technology of large aircraft. Seize the leading position in AI, high-end chemicals, chips above 14 nanometers, automotive/new energy vehicles, high-speed trains, shipbuilding, and high-end industries. It is prohibited to include meaningless income such as lawyer fees in GDP and lawyers are prohibited from entering politics. Regarding real estate, I believe that the Chinese government should not help real estate companies. But it is necessary to directly bankrupt heavily indebted real estate enterprises, further suppress the proportion of real estate to GDP (5.8% of the national GDP in 2023), return properties to residential properties, and further reduce housing prices in the future. Strictly restrict the approval of new real estate construction.
  • @_rob_.
    The Walmart of the world. All about the Benjamin's baby.
  • @bigeye4520
    China's economy is on right track. It needs to further de-emphasize the real estate part of the economy and focus more on high value/quality growth that brings real benefit to the world, especially to the southern nations.
  • @jon_nomad
    Impressive.. especially when property is no longer a large part of it's growth. China is still not attractive in the stock market and rightly so... China do not encourage speculative/gambling activities.
  • @lastChang
    In 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced. - So this year, they will just publish a 5% growth regardless of their economy.
  • @AhmetTekin101
    I trust Bernie Madoff's promises, and believe George Santos's mouth more than any numbers that the Chinese government has released. LOL
  • @ArabicReja973
    Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. Still, China keeps reporting outrageous GDP numbers. Lol Where does the growth come from?
  • But.. But.. But' just admit it your anti-china economy is defeated and we're is GORDON CHANG
  • @user-mg6fb7nu3c
    China looks uninvestible as the market seems to be steadioy trending lower. Why invest and lose?