ilmscore | Prediction Details
"people in China are doing they are not really keen towards investing in stock market or mutual funds or real estate but instead of that they are giving more preference to something known as CDs and that can be seen with the fact that latest official data shows financial institutions issuing 5.5 trillion Yuan worth of long-term deposits known as Certificate of Deposits in the first quarter itself of this year."
By CA Rachana Phadke Ranade | September 29, 2023 | Pending
From video
Whose Economy is Better? China vs. Bharat | CA Rachana Ranade 00:02:58 - 00:03:22
Interpreted Prediction
Chinese citizens are showing less interest in stocks, mutual funds, and real estate, preferring Certificates of Deposits (CDs). Financial institutions issued 5.5 trillion Yuan in long-term CDs in the first quarter of the year.

Prediction Details

Topic
China's Investment Preferences

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.