United Nations Chief Warns Of Global Funding Crisis Due To US Cuts
https://www.zerohedge.com/geopolitical/ ... ue-us-cuts
Expecting the trade war to be drawn out and inflict significant pain on the Chinese economy, making them cautious.
China have missed out on inflows even as a rotation out of US assets benefited other markets such as Japan and Europe.
“There are no signs of a sustainable inflow of funds into the China equity market” .
“In the near term, we still think volatility is likely to stay elevated and the core of the tensions, at least between the United States and China, go beyond just trade”.
“Stronger policy support can partially offset some of the tariff headwinds, but we need to see that happening.”
It took “18 months to conclude the US-China trade deal during Trump’s first term”.
“It’s not just about tariffs, but more the real decoupling between these two economies which present risks for investors and for the Chinese economy”.
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