Taking Stock of China’s Economy

The Chief China Economist at UBS Global Wealth Management discusses the current economic situation in China, highlighting weaker-than-expected PMI data and ongoing pressure on the manufacturing sector. The conversation covers the impact of export data, investment, and retail sales on the economy, with expectations of continued economic slowdown. The economist also provides insights into market outlooks, particularly in light of Sino-US talks, and discusses a shift towards a more defensive investment strategy, focusing on high-quality and structured growth sectors.

What are the main factors contributing to the current economic situation in China?

How does the PMI data reflect the manufacturing sector's performance?

What expectations does the economist have regarding retail sales in the coming months?

What implications does the ongoing Sino-US dialogue have on the Chinese economy?

In what ways is the economist adjusting their investment strategy in response to current data?