Saxo Bank hæfter sig ved en advarsel fra regeringschefen, Li Keqiang, om den økonomiske udvikling. Saxo Bank tolker udtalelsen som den hidtil mest konkrete advarsel om et nedadgående pres på økonomien på grund af ejendomskrisen. Samtidig sagde han, at der er behov for økonomiske justeringer for at ændre afmatningen, f.eks. ved at reducere skatterne for små virksomheder, ligesom han anmodede bankerne om at prioritere lån til små virksomheder, der står for de fleste jobs i Kina.
China’s Premier Li warns of downward pressures
China’s Premier Li warns of downward pressures. The comments from Li Keqiang are the most direct address of the current slowdown in China driven by the housing market and the country’s troubled real estate developers.
Li says that the economy needs cross-cyclical adjustments and the government is looking to cut taxes for small businesses and asking banks to prioritize loans to small businesses.
The recent manufacturing PMI figure dipped below 50 and the recent string of macro figures have disappointed against expectations.