A worker adjusts a cotton string roll at a textile factory in Hangzhou, in east China's Zhejiang province, on January 21. An official measure of China's manufacturing improved in January but forecasters say economic activity is sluggish as leaders try to resolve a tariff battle with Washington. Photo: AP
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

China’s weak economic data is likely to prompt more stimulus measures and a softer tone towards the US

  • The data from January and February will motivate the government to announce greater stimulus measures and take a more conciliatory stance in the ongoing trade negotiations with the US
  • The result is likely to be only a mild recovery in the second half of the year

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A worker adjusts a cotton string roll at a textile factory in Hangzhou, in east China's Zhejiang province, on January 21. An official measure of China's manufacturing improved in January but forecasters say economic activity is sluggish as leaders try to resolve a tariff battle with Washington. Photo: AP
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.