{"id":322,"date":"2023-01-17T16:01:37","date_gmt":"2023-01-17T16:01:37","guid":{"rendered":"https:\/\/fundamental.ro\/?p=322"},"modified":"2023-02-25T15:09:04","modified_gmt":"2023-02-25T15:09:04","slug":"china-stagneaza-in-trimestrul-iv","status":"publish","type":"post","link":"https:\/\/fundamental.ro\/index.php\/2023\/01\/17\/china-stagneaza-in-trimestrul-iv\/","title":{"rendered":"China stagneaza in trimestrul IV"},"content":{"rendered":"\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Stire<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cresterea anuala a PIB in China a fost de 2.9% in 2022.<\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Interpretare<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Care este noutatea din aceasta stire?<\/strong> Cresterea din trimestrul IV implicata de aceasta raportare a fost zero, adica stagnare. Performanta din restul anului era deja cunoscuta. Rata de cresterea anuala pe 2022 arata o incetinire semnificativa a economiei, datorita politicii zero-Covid, dar aceasta nu este o surpriza pentru piata.<\/li>\n\n\n\n<li><strong>Ce impact are stirea?<\/strong> Potential pozitiv pentru materii prime si, eventual, bursa chineza. Stagnarea din trimestrul IV reprezinta o performanta este peste asteptari, ceea ce poate alimenta un optimism ponderat privind o revenire economica in 2023, pe fondul eliminarii restrictiilor zero-Covid. Daca se materializeaza aceasta revenire, inseamna si cresterea cererii pentru materii prime si a pretului acestora.<\/li>\n\n\n\n<li><strong>Atentie!<\/strong> Stirea vine in contextul unora negative: prima scadere a populatiei Chinei din ultimele sase decenii, cresterea anuala a PIB din 2022 este cea mai slaba din 1976, ramane serios riscul de recesiune in principalele zone de export ale Chinei. Acestea pot estompa impactul mentionat mai sus, dar sunt fie lucruri cu efect pe termen mediu si lung (scaderea demografica), fie retrospective (restrictiile anti-Covid acum anulate). Merita urmarite in continuare masurile de stimulare ale guvernului chinez si riscul de recesiune in Europa si SUA.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-red-color has-text-color wp-block-paragraph\"><strong>Links<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/www.stats.gov.cn\/english\/PressRelease\/202301\/t20230117_1892094.html\">National Economy Withstood Pressure and Reached a New Level in 2022 &#8211; NBSC<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wsj.com\/articles\/chinas-economic-growth-fell-to-near-historic-lows-as-covid-took-a-bite-11673921199?mod=hp_lead_pos1\">China\u2019s Economic Growth Fell to Near-Historic Lows as Covid Took a Bite &#8211; WSJ<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.ft.com\/content\/ebe63075-32c1-46a0-8d49-570dfb654547\">China\u2019s economy expands 3% in 2022 as zero-Covid policies hit growth &#8211; FT<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/think.ing.com\/snaps\/china-big-beat-in-december-activity-data-so-growth-could-rebound-in-2023\/\">China: Big beat in December activity data means growth could rebound in 2023 &#8211; ING<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Raportare peste asteptari. Potential pozitiv pentru materii prime si, eventual, bursa chineza. Context incert, riscurile raman mari.<\/p>\n<\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-322","post","type-post","status-publish","format-standard","hentry","category-materii-prime"],"_links":{"self":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/comments?post=322"}],"version-history":[{"count":5,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/322\/revisions"}],"predecessor-version":[{"id":1306,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/posts\/322\/revisions\/1306"}],"wp:attachment":[{"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/media?parent=322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/categories?post=322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamental.ro\/index.php\/wp-json\/wp\/v2\/tags?post=322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}