A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua
A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

However the trade war goes, China’s mixed growth numbers suggest authorities will continue intervening in its economy

  • Industrial production and infrastructure investment slipped, the trade war outlook is murky and consumer spending mixed
  • Therefore, look for Beijing to continue policy easing and to boost bonds for infrastructure spending early in 2020

A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua
A staff member works at an engineering machinery company in Tangshan, in northern China’s Hebei province. Photo: Xinhua
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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.