China's Bottom-Line Growth Remains Ambiguous: MacquarieVW Staff
Investors were closely watching the words of China’s top leaders last week. Investors were thrilled by Premier Li Keqiang’s comments that China should maintain the “bottom line” of economic growth and employment. The market interpreted the “bottom line” as a 7.5% growth target and speculated a round of “moderate stimulus” especially after disappointing trade numbers in June (exports -3.1% YoY, imports -0.7%).
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible