Christian Gattiker (Julius Baer) | Investors seeking protections may consider stocks in the healthcare and internet space, which are less exposed. However, more importantly, the recent outbreak does not change our medium- and long-term constructive view on Chinese equities. We are inclined to buy on weakness in the equity market at this stage.
Dave Yin (Caixin) | China is making major revisions to its antitrust law for the first time in more than 11 years to give it more teeth while reining in the dominance of the country’s internet goliaths.China is making major revisions to its antitrust law for the first time in more than 11 years to give it more teeth while reining in the dominance of the country’s internet goliaths.
Monex Europe | The euro’s fortunes turned sour in 2019 despite the year starting with a positive outlook.
Yu Hairong, Wu Hongyuran, Huo Kan, Cheng Siwei and Han Wei (Caixin) | Where is the Chinese economy heading and how will policymakers react? As the new year approaches, debate over the outlook of the world’s second-largest economy is heating up, and all eyes are searching for clues to the next policy steps.
Libby Cantrill (Pimco) | We’ve seen a significant reduction or even outright elimination of many of the downside risks that have created clouds of uncertainty both in Washington and in financial markets over the past several months. The most substantial clarifying event was the announcement of the Phase 1 deal between China and the U.S.
Jens Bastian (MacroPolis) | It was a visit worthy of a plethora of superlatives. The arrival of China’s President Xi Jinping in Athens (November 10-12) was termed a “vote of confidence” for Greece.
S. Schindler and J. M. Kanai (The Conversation) | Huge investments in infrastructure are redefining global development, from China’s Belt and Road Initiative to infrastructure development plans from the African Development Bank and the Initiative for the Integration of the Regional Infrastructure of South America.
Charles Hankla (The Conversation) | Just as America’s trade war with China may be winding down, its troubles with Europe seem to be growing.
The International Energy Agency (IEA) has fixed the global growth of solar and wind power and other clean energies at double digits for this year. 200 GW of new clean energy capacity is expected to be installed by the end of 2019. The largest part of the new capacity will come from solar energy with 115 GW, despite a small contraction in the China market.
Atul Singh via Fair Observer | The Belt and Road Initiative is China’s bold and risky response to internal tensions and external pressure, but it is not backed by an inspiring idea.