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Gideon Benari
JPMorgan's experts, headed by Pedro Martins, think that the potential for a fresh trade conflict between Beijing and Washington will impact the Chinese stock market. Furthermore, analysts believe that the Chinese government's efforts to curb the economic downturn are deemed "inadequate."
JPMorgan mentioned in a review that the impacts of the second trade war (with tariffs increasing by 20-60%) could be graver compared to the previous one. It is anticipated that the Chinese economy will experience a structural decline in growth in the future due to the shifting of supply chains, escalating disputes with the U.S., and unresolved domestic issues.
Experts from JPMorgan, as well as analysts from other top investment banks worldwide, anticipate that China's GDP growth this year will fall short of Beijing's goal of 5%.
Investors are advised to transfer their funds to the stock markets in India, Mexico, Saudi Arabia, Brazil, and Indonesia.
source: bloomberg.com
JPMorgan mentioned in a review that the impacts of the second trade war (with tariffs increasing by 20-60%) could be graver compared to the previous one. It is anticipated that the Chinese economy will experience a structural decline in growth in the future due to the shifting of supply chains, escalating disputes with the U.S., and unresolved domestic issues.
Experts from JPMorgan, as well as analysts from other top investment banks worldwide, anticipate that China's GDP growth this year will fall short of Beijing's goal of 5%.
Investors are advised to transfer their funds to the stock markets in India, Mexico, Saudi Arabia, Brazil, and Indonesia.
source: bloomberg.com
