China could be ‘safe haven’ amid banking turmoil – Citi ...News

More international capital is likely to flee from Western markets to Asia, according to experts The unfolding banking crisis in the US and Europe, which has shattered investor confidence in the Western financial system, could highlight China as a “relative safe haven,” economists at Citi said in a note seen by CNBC. The Chinese economy could see accelerated expansion this year, giving the country a “hedge” for growth while economies in the US and Europe face heightened risk of financial disruption, according to the note. “We have long been discussing our view that China can be a major growth hedge this year – if a

Hence then, the article about china could be safe haven amid banking turmoil citi was published today ( Monday 27/03/2023 - 08:24 AM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China could be ‘safe haven’ amid banking turmoil – Citi )

Also on site :

• Юридическая фирма Kasowitz LLP опубликовала актуализированный отчет, посвященный анализу нарушений фундаментальных процессуальных норм как основания для дальнейшего содержания под стражей и судебного преследования мэра Тираны (Албания) Эрио
• Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war
• Massive fires on two oil tankers after attack in Iraqi waters