Bloomberg TV carried an interview with head of China equities at UBS Global Wealth Management.
Nothing really too new in this, the risks have been well canvassed:
- consumption remains weak
- upcoming US tariffs will impact
Other points made by UBS in recent reports:
- China has shown willingness to provide more fiscal stimulus to offset the impact of tariffs
- concern remains about how quickly and responsively authorities can act
- prepare for heightened headline volatility into the early months of the Trump administration
- China’s Ministry of Commerce added 28 more US entities to its export control list over national security concerns
- MofCom also banned the export of dual-use items to these companies
- MoFCom also reportedly mulling tighter export restrictions on tech used to process or manufacture both battery components and industrial metals gallium and lithium
This article was written by Eamonn Sheridan at www.forexlive.com.
