【招银国际】China Economy – Mild Reflation after Reopening.pdf

Earnings outlook to mildly improve

China Economy:Mild Reflation after Reopening

China Economy: Deflation mildly alleviated while consumer demand remained weak

China Economy: In a mild reflation

China Property Sector – Mildly positive for CSRC’s pilot private investment scheme in real estate

China Economy–In a mild recovery cycle

China Economy–Deflation bottomed with possible mild reflation

Moving into mild recovery in 2H23E

Expect a year of mild recovery in FY23

China Economy – China braces for mild reflation with credit