US national flags being produced at a factory in Fuyang, Anhui province, in July 2018. China’s economy grew at 6.2 per cent in the second quarter of this year, the lowest figure since records began in March 1992. Photo: Reuters
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

What Trump’s tale about the US trade war’s role in China’s economic decline got wrong

  • China’s second-quarter GDP slowdown has more to do with the government’s debt crackdown than the US president’s efforts
  • Given China’s huge contribution to global GDP growth, any decline will adversely affect all economies

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US national flags being produced at a factory in Fuyang, Anhui province, in July 2018. China’s economy grew at 6.2 per cent in the second quarter of this year, the lowest figure since records began in March 1992. Photo: Reuters
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Lower-than-expected earnings for Netflix in the second quarter of 2019, released on Wednesday, helped pushed stocks down 11 per cent for the day. Photo: AP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

The trade war lull is a good time to assess the damage, and corporate earnings give investors that chance

  • Companies typically set themselves up to beat expectations in corporate earnings reports. So while they generally maintain profit margins, it is telling that fewer corporations are exceeding their targets

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Lower-than-expected earnings for Netflix in the second quarter of 2019, released on Wednesday, helped pushed stocks down 11 per cent for the day. Photo: AP
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