Why China consumers and businesses lack confidence?

By Jack Browne

China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in the coming quarters. The stimulative measures are far less sufficient to push the economic recovery, the deteriorating economic fundamentals need more targeted measures.

Par for the course, a government-led push to stimulate and stabilize growth through easy credit, especially to state-owned enterprises and for infrastructure investment, has not been enough to offset the drag from property market, as the flow of new credit to the economy has contracted over the past year.

If we dig into the issue, the lack of confidence, no matter households or businesses, is the real stickpoint of economic deterioration. How to lift the confidence and stimulate consumption tooth and nail is what the government really needs to do, rather than only relying on state-owned enterprises and infrastructure. Because only consumption is the real catylast of China economic recovery.

Subscribe to Unlock this Article

Complete digital access to quality Glebors financial topic with expert analysis from industry leaders.

Glebors Financial Become an Glebors subscriber

Make informed decisions with the Glebors.Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.

Financial reports are independent global financial research reports that you can trust. The information keeps pace with important companies around the world, global financial and political dynamics, independent insights and unique perspectives, helping you catch up with the latest information and identify the potential risks and opportunities.
Our financial special reports use professional knowledge to fully understand the market situation, break down the perspectives of experts, and rationally analyze data to help you eliminate noise, accurately identify the changes in political, economic and social trends, and fully aware of the risks and grasp the opportunities.
Our goal is to help shape the uniqueness of each research space we are involved in. Our research provides readers with new insights in terms of the global economy, financial markets, asset classes and risk management. We will continue to present new insights into global markets and industries.

"Insight of the global economy, dig into more ideas, analyze the global financial dynamics and the risks of political situation from a strategic, scientific and rational perspective, based on economic data and more than 20 years of financial intelligence."

Financial Reports

If you want to know more details to provide support for your investment and business activities, this financial report that we have selected for you can give you what you want, please subscribe to read it. Glebors Global Finance aims to provide business elites and decision makers with daily business news, data interpretation, in-depth analysis and commentary.

Glebors Global Finance’s amount of financial information digs into deeply major events and economic data that have a huge impact on the global economy, based on in-depth industrial research and special reports, with a truly global perspective。 Financial reports have become "must-read" financial information for senior managers. Gribs Global Finance currently has more than2.85 million Chinese readers and more than 3.5 million overseas readers, including more than 600,000 high-end member readers.

Member Readers

High-end Member Readers

Member Readers