CHINA: A ONE ROAD INITIATIVE TOWARDS ECONOMIC REFORMS? – RABOBANK
China’s third plenum, which lasts from 15th until the 18th of July, is the most important plenum when it comes to new economic policies and reforms, Rabobank’s Senior Macro Strategist Teeuwe Mevissen notes.
The third plenum is focused on policies and reforms
“The third plenum is mainly focused on policies and reforms with a view on the economy and as such receive a lot of attention from everybody who wants to obtain an idea of what to expect on this front for the next 5 to 10 years.”
“While we think that domestic demand stimulus via fiscal and monetary means would be important to tackle some of China’s economic challenges, not much should be expected on this front.”
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.