Monday, August 26, 2019

China: Growth delay impacting world economy – Natixis

According to Saint Patrick Artus, analyst at Natixis, the delay in Chinese growth has appreciable effects on the remainder of the globe.



Key Quotes
“All indicators presently show a markedly larger delay in Chinese growth than shown by GDP growth. This marked delay in Chinese growth has terribly important international consequences:

Declining oil worth thanks to the weak growth in oil demand in China;
Weak growth in world trade as a results of weak Chinese imports; ensuing weakness within the economies of states associated with world trade;
Weak capital merchandise production worldwide as a results of weak industrial investment in China, and therefore the world weakness in business.”

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