Bernward Reif, CEO of Otto Junker, looks over the factory floor at the company's metals plant in Simmerath, Germany, on February 19. The slowdown in Chinese growth has hit manufacturing hard in Europe’s biggest economy, with orders and output sharply contracting in January. Photo: Bloomberg
Opinion
Opinion
Macroscope
Slowdowns in advanced economies have pushed investors to put money back into emerging markets – and ignore warnings
- The hunt for high returns amid sluggish results for advanced economies has seen investors move back into emerging markets, including exceedingly risky ones
Bernward Reif, CEO of Otto Junker, looks over the factory floor at the company's metals plant in Simmerath, Germany, on February 19. The slowdown in Chinese growth has hit manufacturing hard in Europe’s biggest economy, with orders and output sharply contracting in January. Photo: Bloomberg
Bus ushers pose for photos ahead of the opening session of the National People’s Congress meeting at the Great Hall of the People in Beijing, on March 4. The Chinese government will step up tax cuts and increase infrastructure spending to stabilise the sagging economy, Premier Li Keqiang said in his annual work report at the meeting. Photo: AP
Opinion
Opinion
Macroscope
China’s stimulus plan will lift the economy, just not right away
- Despite the gloom of a slowdown as the impact of a trade war with the US hits, the raft of policy measures Beijing is taking is boosting market optimism. The strong rally in the stock market may well signal the economic cycle is ready to turn
Bus ushers pose for photos ahead of the opening session of the National People’s Congress meeting at the Great Hall of the People in Beijing, on March 4. The Chinese government will step up tax cuts and increase infrastructure spending to stabilise the sagging economy, Premier Li Keqiang said in his annual work report at the meeting. Photo: AP