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25/07/2018 13:05
BlackRock: The Chinese government does not have huge pressure to burst the renminbi, and the trade war has little effect on China [19659003] "Economic News Agency 25th Newsletter" BlackRock Chinese investment strategist Lu Wenjie said at the press conference that he maintained a neutral view of China's prospects
. Regarding the depreciation of the renminbi, he expects the government to defend the renminbi trend. The Chinese government does not have much pressure to depreciate the renminbi, he expects to that China continues to quantify the easing and the government and state-owned enterprises take the lead. Lu Wenjie also pointed out that for the Sino-US trade war, I think that it has little impact on China because it is expected that even if Chinese products are exported to United States, the cost will be borne by American companies. He also pointed out that China was a global workshop, producing inexpensive and efficient,
China's manufacturing industry still exists, but that it could have an impact on the industry. technology industry.
Belinda Boa, head of active investment strategy, Asia Pacific, said that the positive impact of the strong US economic growth
has spread to d & # 39; other markets around the world, especially emerging markets.
She pointed out that the fundamentals of emerging markets are strong, that there is no obvious deterioration and that the market share of emerging markets is required, and that the risk will increase the value certain emerging market badets. At the same time, she also said that she is more optimistic about US stocks, because the earnings momentum is positive, and at the same time optimistic about US bonds in the short term, it is recommended to do so. increase the quality of credit badets.
It also believes that the growth of the European market is disappointing, coupled with political risk factors, calling for a reduction in shares in the European market. (jn)
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