CHIS News and Press, Global X Funds MSCI China Consumer Staples From 08/18/23

2023-08-18 03:07:00 ET Summary China's residential property market is currently experiencing a significant downturn that has far-reaching implications for the global metals market. If there is no offsetting demand to counter the structural decline in demand from residential constr...

2023-08-17 12:22:00 ET Summary China's economy has not met post-lockdown growth expectations. That slowdown has had a mixed impact on commodities demand. China's government may need to step in with more stimulus. As China's economy struggles to find momentum, is ther...

2023-08-17 06:10:00 ET Summary The global economy continued to lose growth momentum at the start of the second half of 2023, underpinned by waning of service sector growth momentum and a deepening manufacturing downturn. Global inflation has shown signs of 'stickiness' in July, dr...

2023-08-16 06:10:00 ET Summary APAC impact bond market continues growth trajectory and accounts for 25% of the global accumulated issuance. China, Japan, and South Korea are leading the way. Investors’ interest in impact bond has been rising in the APAC region, with the inv...

2023-08-16 05:26:00 ET Summary Lower-than-expected inflation and falling inflation expectations have led to “the summer of our disinflation” in the US. A similar disinflationary scenario could unfold in Europe, but anemic growth and stubborn inflation may make it mor...

2023-08-15 00:45:00 ET Summary The market was expecting the PBoC to wait until Sep. before easing again, and the Aug. 14 rate cuts suggest that the authorities' concern about the state of the macroeconomy is mounting. Almost all forecasters expected China's central bank, the PBoC,...

2023-08-14 15:36:00 ET Summary While this is no time to be making major calls on asset allocation, in our view, there are abundant opportunities for generating incremental returns. Initially, each month of divergence increased our concern about market levels, especially as investo...

2023-08-12 05:30:00 ET Summary The slowdown in growth that had been more prominent in developed markets is now hitting emerging markets going into the second half of 2023. July's PMI data showed emerging markets expanding at the slowest pace in six months, supported chiefly by ser...

2023-08-12 03:35:00 ET Summary China’s exports fell by 14.5% from a year earlier, a bigger than expected drop and a reminder that China is no longer the export powerhouse that it was in the early years of the 21st century. That same report also showed a double-digit drop in...

2023-08-11 21:20:00 ET Summary Doubts over the sustainability of China's economic model have emerged due to the pandemic and the unchallenged ascendancy of Xi. China's high savings and investment-driven growth model has led to overinvestment, asset bubbles, and rising debt, necess...