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China to perform modest improvements

China is expected to come up with some modest improvements, in the third quarter, for the upcoming weeks, amid the nation's government having settled the infrastructure and the housing market's demand.

China's FA investment toward 17-year lows

The investments in fixed assets will likely reach 17-year lows, while the exports will resume weak thus leaving the economy imbalanced.

As per Tim Condon, chief economist for ING Asia, an improved manufacturing activity is an indication of faster GDP growth.

Time Condon highlighted further that, the predictions for the second-half GDP were revised from 6.5% to 6.8% and for the full-year growth from 6.6% to 6.7%.

Furthermore, the steel demand in China is expected to strengthen, whereas the property market seems to be getting overheated.

Moreover, the nation's trade surplus is predicted to have appreciated, for the month of September, to $53 billion, against August's $52.05 billion figure.

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Tuesday, 04 Oct, 2016 / 8:23

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-to-perform-modest-improvements

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