China Trade Balance Partially Sentiment Driven, Says NatWest’s Liu

The video discusses the positive market sentiment following the US-China phase one trade deal, highlighting a moderate recovery in trade and a confidence boost. It examines the global economic outlook, noting better-than-expected PMI data and a sentiment-driven recovery. The discussion also covers uncertainties in corporate investments due to potential US-China trade tensions and the impact of deleveraging policies. Challenges faced by local governments in financing infrastructure projects are addressed, along with GDP forecasts for 2020, which predict a gradual slowdown in China's growth with potential upside risks if trade relations improve.

What challenges are local governments facing in carrying out infrastructure projects?

Evaluate responses using AI:

OFF

What are the expected GDP growth rates for China in 2020, and what factors could influence this?

Evaluate responses using AI:

OFF