China’s GDP seen losing further momentum in 2020 – UOB
20.01.2020, 08:30

China’s GDP seen losing further momentum in 2020 – UOB

FXStreet reports that economist Ho Woei Chen, CFA, at UOB Group assesses the recent GDP figures in China and prospects for this year.

"In line with our forecast, China's 4Q19 GDP growth stabilized at 6.0% y/y (3Q19: 6.0%) while q/q SA growth edged higher to 1.5% from 1.4% in 3Q19. For the full year, the Chinese economy expanded by 6.1% in 2019, down from 6.6% in 2018. China's GDP growth has remained in line with the government's target of 6%-6.5% through 2019."

"While secondary industry growth rebounded to 5.8% y/y in 4Q19 from 5.2% in 3Q19, the slowdown in tertiary industry growth to 6.6% (3Q19: 7.2%) which is the lowest on record (data series from 1992) has cast a pall on the outlook."

"We continue to expect China's economic growth to slow further in 2020 due to the structural reforms and ongoing supply chain diversification. We are maintaining our growth forecast for 2020 GDP growth at 5.9% (1Q20F and 2Q20F: 5.9%y/y). This would be the slowest growth pace since the low of 3.9% in 1990."

"Against this backdrop of growth moderation, we expect counter-cyclical measures including accommodative monetary policy, acceleration in infrastructure spending and potential reductions in government tax and fees to be maintained."

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik