China’s July economic rebound may be short-lived as Citi analysts anticipate the rebound may end around September. Minggao Shen and the team at Citi Research feel some of the factors that aided economic rebound in July might disappear over time. China focused on its own infrastructure The analysts observe that Chinese leaders’ talk of defending growth bottom-line has accentuated commodity prices besides pushing up power consumption. Citi analysts feel the policy stimulus is likely to be smaller in scale when compared with the second half last year. They feel new projects would be selected primarily in infrastructure projects such as…
China’s Economic Rebound May End Around September: Citi
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports