Site icon News Portal NP

China’s middle class: Optimistic for now, but can it last?

China’s middle class: Optimistic for now, but can it last?

A 41-year-old investor in China lost 80% of her 2 million yuan investment over a decade. However, with new government measures to boost the economy, she and many others are cautiously optimistic about the stock market’s future.

Mainland Chinese stock exchanges experienced record trading volume after the National Day holiday, fueled by economic stimulus measures that increased confidence among middle-class investors in the short term.

Despite recent optimism, concerns remain about China’s long-term economic prospects, especially given the market’s poor performance in recent years.



Source link

Exit mobile version