News

“What to expect from China’s economy” – dual-mainline of “big consumption & new economy”

This piece takes a cheerful look at where to for China’s economy.

Its in the Asian press and has a rosy view indeed. Have a read and you can make up your own mind.

There are some valid points made on positives ahead. On the negatives these are viewed as transitory. For example:

  • In the second half of the year, the biggest uncertainty is still Sino-US trade frictions. Trade talks have resumed since the G20 meeting and the current round of trade negotiations will transition into a long game. The US economy will enter a cycle inflexion point in 2019, meaning the US economy will be unable to bear an extreme escalation of the trade conflicts.

Mmmm …  I wouldn’t be too complacent on the US and escalation. 

Here is the link if you’d like to check it out. 

ForexLive

Articles You May Like

FX option expiries for Tuesday October 15 at the 10am NY cut
How to Place a Trade in Trading 212
GBP/USD GBP/JPY trade Best Forex Trading System 10 OCT 2019 Review -forex trading systems that work
Fed’s Kashkari says he would probably support October cut
Cable brushes aside earlier whipsaw to firmly break the 1.25 handle

Leave a Reply

Your email address will not be published. Required fields are marked *