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AB 2000 studies

Alain Boublil Blog

   

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4,5% : Chinese growth is resilient

China's National Bureau of Statistics has published the results of the economy for the 3rd quarter. Year-on-year, growth was 4.5% and, compared to the previous quarter, 1.2%. The official target for the year is in the range between 4.5 and 5% and is likely to be achieved. These figures may seem low compared to past performance, especially before the Covid-19 epidemic, but the size of the Chinese economy is much larger and the increase in absolute value of activity remains very significant.

China is therefore holding up well despite a very unfavourable international environment with rising ...

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The crisis in the European car industry

The Paris Motor Show, the discussions between France and Germany on the relaxation of European rules on engines and negotiations in Brussels with China on the restriction of its exports place this essential sector of industry at the centre of the news. They illustrate the extent of the crisis that is hitting it, even though it was for a long time one of the strong points of the European economy, both in terms of jobs and exports.

Since the beginning of the year, the fall in manufacturers' share prices has been spectacular: Stellantis (-56%), Renault (-17%) but its share price ...

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A generation of heirs

France is going through a difficult period. A protest movement by high school students has broken out and is meeting with broad support from the population, both teachers' unions and parents. They are protesting against the deterioration of the premises and the non-replacement of their teachers in the event of absence. They are demanding a sharp increase in the resources allocated by the State to national education. At the same time, the government is struggling to get the significant reduction in the budget deficit adopted by the country's growing public debt.

The financial markets, which had long been lenient ...

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