Trade, factory inflation data to prompt more proactive fiscal stimulus

Posted by Fullerton Markets on Sep 10, 2018 2:27:05 PM

China’s trade data for August show exports to its major trading partners broadly slowing down.

China’s exports to the US in August grew 13.2 percent on a year-on-year basis, representing growth of more than 10 percent for a fourth consecutive month and the fastest pace since February this year. 

While some front-loading activities to avoid possible higher tariffs cannot be ruled out, two sets of economic data in the US last week point to growth momentum in the world’s largest economy remains robust. Read the full article especially written by our Chief Strategist, Jimmy Zhu, for CGTN.