"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.