Chief Strategist Jimmy Zhu went Live on CGTN yesterday to discuss China's recent PMI and its tax reforms that are expected to reduce the financial pressure on Chinese enterprises.
While odds of a recession is increasing, another inversion between the US 10-year yield and Fed's overnight rate may prompt the Fed to cut the rates in the near future if sustained. Chief Strategist Jimmy Zhu discusses in this report the possible impact of the curve inversion based on historical trends.
What is the 'lazy economy' and how is it introducing itself to multiple industries in China? Its effects will be felt by consumers, manufacturers and corporate entities, as explained by Chief Strategist Jimmy Zhu. Find out more about the rise of the 'lazy economy' in this CGTN article: