Brexit still weighs on GBP, but the situation on rates and equity could normalise
Friday 15 November 2019
In terms of Chinese growth, we see the rate continuing to slow. Chinese GDP growth rose 6.0% in the third quarter of 2019, the slowest pace since the early 1990s. Going forward, we expect public infrastructure capex to accelerate, and the tight real estate policy stance to potentially moderate. Chinese policy mix remains stimulative, though in a very limited way so far and far away from the massive stimulus implemented in recent years.
Only Chinese version available