China: Growth headwinds to continue – Danske Bank

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China: Growth headwinds to continue – Danske Bank China Growth Banks Inflation Coronavirus

“China faces three strong headwinds from a) zero-Covid policy, b) property crisis and c) fading exports as the US and Europe head for recession.”

“Inflation remains low in a global perspective, leaving room for continued stimulus. We look for measures to ease the property crisis to be stepped up.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

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China’s Economy Faces Challenges Despite Latest Moves to Stimulate GrowthChina’s steps to fine-tune Covid controls and boost the property market aren’t likely to restore the country to rapid-expansion mode, economists say I wonder if our government tells MSM to down play China's power and influence in the world so the public won't think we're becoming inferior to them? Well maybe they shouldn't be messing with mother nature for so many years. If china’s economy slows down, then u should be happy then. Anyway the US government has long been busy containing China. Why bother to worry to much about its slowing-down economy?
Source: WSJ - 🏆 98. / 63 Read more »