日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Chinese investors react to global uncertainties: China Daily editorial

chinadaily.com.cn | Updated: 2018-06-28 21:27
Share
Share - WeChat

Stock markets around the world fell on Wednesday after White House economic adviser Larry Kudlow said in an interview on Fox Business Network that the Donald Trump administration had not softened its stance on China.

Added to the ongoing concerns about disruption to global supply chains resulting from the US administration's attack on China's plan to upgrade its manufacturing, along with expectations the Federal Reserve will continue to raise interest rates, it is natural that nervous investors are seeking safer places to put their money.

Chinese investors have proved to be no exception and the benchmark Shanghai Composite Index was down 0.93 percent and the Shenzhen Component Index down 1.06 percent at close of business on Thursday. And Chinese equities are now down 20 percent on the year's high in January.

To be fair, the jitters of Chinese investors are aggravated by the government's ongoing efforts to deleverage and tackle financial risks, as well as the macro data for May, which suggest industrial output, investment and retail sales all grew slower than expected.

However, the current sentiment reflected in China's falling stock market reflects an emotional response to the short-term uncertainties rather than a rational appreciation of the country's long-term prospects.

As central bank governor Yi Gang noted last week, China has good economic fundamentals, resilient economic growth and balanced supply and demand. Even a full-blown trade war between China and the United States is expected to cut only 0.1 to 0.5 percentage points off China’s economic growth, dependent on the scale of tariffs on Chinese exports. And given that officials from the two countries are still actively discussing ways to avoid this worst-case scenario, there is no reason to think the fallout from the two sides’ trade quarrel cannot be managed.

However, while their dispute in all likelihood will end with a relative whimper rather than a bang, there is no indication of when that might arrive. Until the dust settles and the global economy stabilizes, investors will continue to find their nerve being tested.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 天天摸天天干 | 欧洲一级毛片 | 激情a| 亚洲一级电影 | 国产午夜大片 | 国产亚洲综合一区二区 | 午夜成人免费视频 | a毛片在线看免费观看 | 成年人激情在线 | 机器人男友 | 91精品久久久久久久久网影视 | 日日骚网| 国产精品久久久久无码人妻精品 | 天堂va在线高清一区 | 久久一日本道色综合久久m 亚洲三级视频 | 99久久久无码国产精品 | 亚洲欧美日韩中文字幕在线一区 | 高清一区二区在线观看 | 久久久入口 | 精品人人 | 五月婷婷在线播放 | 精品日韩在线观看 | 久久中文字幕2021精品 | 欧美狠狠操 | 日本一区二区三区视频在线观看 | 成人三级视频 | 国产情侣啪啪 | 好吊色欧美一区二区三区四区 | 亚洲精品久久久 | 久久99精品久久 | 亚洲一区二区三 | 欧美一区久久 | 久久久久欧美激情 | 色人人| 免费观看黄的小视频 | 视频在线一区二区 | 亚洲 日本 欧美 中文幕 | 欧美精品一区二区三区蜜桃视频 | 米奇7777狠狠狠狠视频 | 日韩中文字幕免费在线观看 | a在线免费观看视频 |