GDP projections are hitting rock bottom to boost any sentiment in the investor’s mind.

GDP projections

China is the world’s largest economy when it comes to the Purchasing Power Parity (PPP) criteria overshadowing the world’s largest economy by about 50% of the value of the GDP, the growth engine has been seemingly stalled in the country as the trade war with the United States has intensified, and many Western companies have pulled their manufacturing units from China in order to diversify their baskets to sustain the growth rate for their segments irrespective of the political stands that governments across the world have taken in the slowing economic cycles of the world.

Protectionism has been a growing phenomenon, and the USA is one of the first to create a pivotal charge in the World Trade Organization (WTO) and the United Nations (UN) to slap sanctions and impose increased tariffs on Chinese products on the US soil. The sanctions have worked to insight a global dialogue in the intellectual property rights which the Chinese have no regards for and the forceful whips issued by the Chinese government for any company to operate on the Chinese soil to share their trade policies and inventions through and through, which has resulted in a huge net revenue loss for these companies in order to access the Chinese markets as it is the worlds largest consumer market in terms of quantum and the per capita income is substantial to cater the growth cycle that the companies want to engage in.

The revised GDP projections for the Chinese economy has been published, and it wasn’t a pretty picture for either the stock markets or the investor sentiments which remained bearish after the publications, the Yuan lost some of its face value against the US Dollar amongst a basket of currencies which have been pegged to balloon the US debt market if the crises continues.

 

 

Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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