Free Trial

China Q3-Q4 Exports May Slow as External Demand Has Peaked: Yicai

CHINA PRESS
MNI (Singapore)

China's growth in exports may begin to cool in Q3, adding pressure to a slowing economy, as western countries' demand has likely peaked and that last year's base of comparison is higher than in the first half, wrote Wu Ge, the chief economist at Changjiang Securities and a former PBOC official, in an article on Yicai.com. Global manufacturing PMI is weakening after a rapid recovery and consumption and real estate investment in the U.S. have started to decline from a previous peak, said Wu. The consumer demand in western developed countries has shifted to services from consumer goods, Wu said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.