{"id":1868598,"date":"2023-03-05T17:55:51","date_gmt":"2023-03-05T22:55:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/marketmind-china-sets-out-economic-political-military-vision\/"},"modified":"2023-03-05T17:58:03","modified_gmt":"2023-03-05T22:58:03","slug":"marketmind-china-sets-out-economic-political-military-vision","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/marketmind-china-sets-out-economic-political-military-vision\/","title":{"rendered":"Marketmind: China sets out economic, political, military vision"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmarketmind-china-sets-out-economic-political-military-vision%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1868598&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <br \/>\n<?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"entry-content\">\n<p>By Jamie McGeever<\/p>\n<p>(Reuters) \u2013     A look at the day ahead in Asian markets from Jamie McGeever.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>Asian markets may open strongly on Monday following Wall Street\u2019s whoosh higher Friday. But a raft Chinese data and comments from U.S. Fed Chair Jerome Powell earlier in the week could shift sentiment quickly.<\/p>\n<p>Investor-moving news will include the announcements of Monetary Policy decisions by Australia and Japan on Friday and Wednesday, respectively. Investors will have to deal with a torrent of news from China this weekend.<\/p>\n<p>The annual session of the National People&#8217;s Congress, and reports from the finance ministry and state planner \u2013 the National Development and Reform Commission \u2013 have outlined Beijing&#8217;s broad goals and plans for the year ahead.<\/p>\n<p>The government stated that it will aim to achieve growth of around 5% this year, a lower target than the previous year&#8217;s 5.5%. It will also take steps to minimize risks in the property sector, intensify its push to make China self-reliant in tech, and the central bank will provide \u2018forceful&#8217; support for economic development.<\/p>\n<p>Perhaps most significantly, Beijing said it would boost defence spending by 7.2% \u2013 up on last year&#8217;s rate of increase and outpacing expected GDP growth \u2013 as Premier Li Keqiang called for the armed forces to boost combat preparedness.<\/p>\n<\/p>\n<p>(Graphic: MSCI Asia ex-Japan \u2013 weekly change \u2013 https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/ChinaCPI.png)<\/p>\n<\/p>\n<p>Investors will get a better understanding of China&#8217;s economic recovery with this week&#8217;s release of trade and inflation data.<\/p>\n<p>Investors as well as policymakers will pay close attention to the latest inflation numbers from South Korea and Thailand this week. A renewed increase in dollar prices could intensify FX-fueled inflationary forces in Asia, as the Fed appears to be on track for tighter policy.<\/p>\n<p>Later in the week, Japan will be the focus of attention, as the fourth quarter GDP data are released on Thursday, and the BOJ policy decision is published on Friday. This was the last time Haruhiko Kuroda has been governor.<\/p>\n<\/p>\n<p>(Graphic: MSCI Asia ex-Japan \u2013 weekly change \u2013 https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/MSCIASIA.png)<\/p>\n<\/p>\n<p>Asian stocks have generally underperformed their U.S. and global peers in recent weeks, but the underlying question still applies: How long can markets hold up \u2013 and volatility stay so low \u2013 in the face of soaring U.S. bond yields, rate and inflation expectations?<\/p>\n<p>The global bond yields have risen sharply. There may be something that is just around the corner.<\/p>\n<p>These are the three major developments that may provide additional direction for markets Monday.<\/p>\n<p>\u2013 China&#8217;s National People&#8217;s Congress<\/p>\n<p>\u2013 South Korea inflation (February)<\/p>\n<p>\u2013 Euro Zone retail sales (January)<\/p>\n<\/p>\n<p> (By Jamie McGeever; Editing by Diane Craft)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/marketmind-china-sets-out\/attachment\/file-photo-a-worker-walks-across-a-construction-site-in-2\/\"><\/a><\/p>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p>&#8220;From <a href=\"https:\/\/www.oann.com\/business\/marketmind-china-sets-out\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=marketmind-china-sets-out\">Marketmind: China sets out economic, political, military vision<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jamie McGeever (Reuters) \u2013 A look at the day ahead in Asian markets from Jamie McGeever. Asian markets may open strongly on Monday following Wall Street\u2019s whoosh higher Friday. But a raft Chinese data and comments from U.S. Fed Chair Jerome Powell earlier in the week could shift sentiment quickly. Investor-moving news will include &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1889808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[10017,4501,4202,20675,4505,3753,4666],"class_list":["post-1868598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-vision","tag-china","tag-economic","tag-marketmind","tag-military","tag-political","tag-sets"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1868598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1868598"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1868598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889808"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1868598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1868598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1868598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}