(Bloomberg, New York) At the time of the rest of the world's economic strength anti -inflation, a folk survey showed that China may face the risk of currency tightening due to the shrinking of domestic demand caused by the housing market crisis and epidemic prevention and control.
Bloomberg quoted the survey report issued by the US independent economic data provider "China Blood Book International" on Tuesday (September 27) that although the salary and investment cost increased compared to the previous quarterThe price increase has been the smallest since the fourth quarter of 2020.
The report said that the current shrinkage pressure mainly comes from the 12 consecutive months of housing prices to fall and the outbreak of the "suspension of loan tide" crisis in the real estate industry.At the same time, the manufacturing industry in the third quarter of profit margins and sales prices deteriorated year -on -year.
However, the report also pointed out that the retail and service prices have accelerated in the third quarter. Although it is still lower than the level of 2021, it has recovered.
On the other hand, one indicator of a corporate loan in the report fell to the lowest level since the data began to be released in 2012, and the other to measure the issuance of corporate bond issuance also fell to the lowest point since 2016.The report said that the continued decline in corporate lending activities reflected that the central bank's currency easing policy has not had a significant impact on enterprises.
China Blood Book International conducted a survey of 4,354 companies to conclude the above conclusions.In a statement, his chief executive officer Leland Miller attributed the main reasons for China to face a shrinking risk to the demand for demand.
