• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on January 3, 2014

    Featured image for article about Top Stories

    MNI China Business Indicator Rose to 58.4 in December from 53.3 in November

    Business confidence among some of China’s largest companies stood at its highest level since October 2011, with optimism boosted in December by the newly announced reform agenda.

    Chinese business confidence highest for two years

    Chinese business confidence highest for two years

    The MNI China Business Indicator rose to 58.4 in December from 53.3 in November, fuelled by a large jump in the number of firms who said their current business conditions were better than a month earlier.

    The Production Indicator rose firmly in December to the highest for a year, with average growth over the fourth quarter hitting a two-year high. Growth in New Orders accelerated in December, after a slight dip in November, and expectations for the future rose to the highest for nearly a year and a half.

    Many firms believe the reform agenda announced following the Third Plenum will bring concrete results in terms of increased access to credit following further liberalisation of interest rates. Expectations for credit availability over the next three months leapt to the highest since February 2010 and above the breakeven 50 level for the first time since May.

    Commenting on the data, MNI Indicators Chief Economist said: “Businesses ended the year on a high note and appear hopeful that the reform agenda will enhance their growth potential. While much attention has focused on the central bank’s efforts to cut back on credit, companies in our panel expect that liberalisation of interest rates will help to boost the availability of credit.”

    “Recovery in the global economy in 2014 should help to underpin growth as the authorities gradually roll out their reform plans,” he added.

    MNI China Business Indicator Rose to 58.4 in December from 53.3 in November

    Business confidence among some of China’s largest companies stood at its highest level since October 2011, with optimism boosted in December by the newly announced reform agenda.

    Chinese business confidence highest for two years

    Chinese business confidence highest for two years

    The MNI China Business Indicator rose to 58.4 in December from 53.3 in November, fuelled by a large jump in the number of firms who said their current business conditions were better than a month earlier.

    The Production Indicator rose firmly in December to the highest for a year, with average growth over the fourth quarter hitting a two-year high. Growth in New Orders accelerated in December, after a slight dip in November, and expectations for the future rose to the highest for nearly a year and a half.

    Many firms believe the reform agenda announced following the Third Plenum will bring concrete results in terms of increased access to credit following further liberalisation of interest rates. Expectations for credit availability over the next three months leapt to the highest since February 2010 and above the breakeven 50 level for the first time since May.

    Commenting on the data, MNI Indicators Chief Economist said: “Businesses ended the year on a high note and appear hopeful that the reform agenda will enhance their growth potential. While much attention has focused on the central bank’s efforts to cut back on credit, companies in our panel expect that liberalisation of interest rates will help to boost the availability of credit.”

    “Recovery in the global economy in 2014 should help to underpin growth as the authorities gradually roll out their reform plans,” he added.

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe