The bigger picture beyond China's slowdown
Growth could be unimpeded by trade tensions
Bill Maldonado of HSBC Global Asset Management
The market narrative telling us that trade tensions are driving a Chinese slowdown is incorrect.
First, it has been a relatively minor slowdown. Second, it has been driven mainly by regulatory tightening; growth in 2017 was very strong and policymakers tightened regulations where imbalances existed,...
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