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Economists of foreign banks express optimism over Chinese economy
Several chief China economists of foreign banks have expressed their confidence in the Chinese economy which posted a robust 5.2 percent year-on-year growth in 2023, recent interviews with Xinhua revealed.
January22,2024
China remains wealth creation hub: UBS chairman
"China continues to be the world's second-largest economy and a wealth creation hub, and is a key market for UBS," UBS Chairman Colm Kelleher said on Tuesday.
January10,2024
China's duty-free market expected to hit RMB 117 bln by 2025: UBS
The annual compound growth rate of China's duty-free market should reach 24 percent during the 2021-2025 period, with per capita consumption maintaining at an annual increase of about 5 to 10 percent, reported Shanghai Securities News on Thursday.
January13,2023
Chinese market to become significant growth point of UBS global business: UBS Securities
The CEO of UBS Group AG has made it clear that in the foreseeable future, China will become the company's most critical growth point in the global context, said Eugene Qian, chairman of UBS Securities Co., Ltd. in a recent interview, reported Shanghai Securities News on Friday.
January21,2022
UBS maintains Chinese yuan forecast amid coronavirus outbreak
Global investment bank UBS, despite the shock of the coronavirus, maintained its forecast of yuan-dollar rate at 7 yuan per U.S. dollar for end-2020.
February04,2020
UBS considers increasing capital of securities JV
UBS AG is considering increasing the capital of its securities joint venture (JV) in China, Monday announced David Chin, head of its Corporate Client Services, APAC, on the 19th UBS Greater China Conference in Shanghai.
January08,2019
Growth rate of global economy likely to fall to 3.6pct in 2019, UBS predicts
Growth rate of the global economy is expected to decline to 3.6 percent in 2019 from 3.8 percent in 2018, and the growth rate of corporate earnings will also slow down next year, xinhua-run www.cs.com.cn quoted the UBS report as saying on Friday.
December07,2018
China approves UBS to gain control of securities JV
China's securities regulator has approved UBS AG's plan to gain a majority stake in its mainland securities joint venture (JV).
December03,2018
UBS reports huge wealth generated by China, warns against trade tensions
Swiss investment bank UBS recognized China's increasing role in wealth generation due to rigorous innovation and entrepreneurship in its 2018 annual Billionaires Insights report released on Friday.
October29,2018
UBS raises China 2018 GDP growth forecast
Swiss bank UBS has upgraded its forecast on China's 2018 gross domestic product (GDP) growth, citing stronger momentum of the global economy and growth in China's exports.
February05,2018
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