Free Trial

Stronger Q1 Growth Means Less Stimulus Likely - Wang Tao

CHINA PRESS

China’s stronger-than-expected Q1 growth will make the government less likely to increase stimulus policies in the short term, according to Wang Tao, chief China economist at UBS. Wang said Q1 performance was driven mainly by exports, growth in added value for the services industry, and steady results in industrial production and investment. Xiong Yi, chief economist at Deutsche Bank China said the economy may grow slightly above 1% for the next few quarters considering weakening base effects and downward pressure on prices and demand. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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.