China continues to be the only economy in the world to show positive growth in 2020 as its GDP is predicted to expand 1.9 percent this year, according to the latest economic outlook released by the International Monetary Fund (IMF) on Tuesday.

China’s economic growth may slow to 5.6% in 2020, says strategist Some analysts and economists are downgrading China’s GDP growth forecast …

share. Asia and China High Yield offer an attractive yield pick-up compared with global markets, and come with significantly lower duration compared to US and European High Yield. The IMF forecast a 2020 global contraction of 4.4 percent, an improvement over a 5.2 percent contraction predicted in June, when business closures reached their peak. https://www.imf.org/en/Publications/WEO/Issues/2019/10/01/world-economic-outlook-october-2019) Chinese economy is undergoing a V-shape recovery, with Q2 GDP increased significantly from -6.8% y/y in Q1 to 3.2%.

But while we expect tight control on the money supply, we expect the People's Bank of China to ease interest rates in H1 2020, as it brings rates in line with the Fed and the global economy. China's economy is going through what we call an L-shaped recovery, and we expect growth to stabilize around the 5.8%-6.0% number in the coming years. The most inconvenient fact in … Tuuli McCully, Reserve Bank of Australia Eases Policy Further, The Canadian and US Leading Activity Indices. As of end November 2019. 5 years of China economic forecasts for more than 30 economic indicators.

China equities had quite a strong year in 2019, and we are constructive on China equities going into the new year. After the rebound in 2021, IMF said global growth is expected to slow to about 3.5 percent in the medium term, implying the growth till 2025 would be less than expected. Please arrive 15 minutes early, as the … In our baseline scenario, we project that the GDP growth will steadily climb up to 5% y/y in Q3 and to around 6% y/y in the last quarter. © UBS 1998 - 2020. 1 IMF, World Economic Outlook 2020 (

China continues to be the only economy in the world to show positive growth in 2020 as its GDP is predicted to expand 1.9 percent this year, according to the latest economic outlook released by the International Monetary Fund (IMF) on Tuesday.

Retail sales rose 3.3% compared to the same month of the previous year in September, which followed August’s 0.5% increase. By Gian Plebani, Portfolio Manager, Investment Solutions. Global government yields remain on the floor, and global inflation keeps surprising to the downside – so it's likely that monetary policy will remain loose. The Global Economy 2020: A Positive Outlook Shadowed by China, Debt, and Trade Tensions Experts expect growth to rebound, but many of their projections are built on shaky foundations. Moreover, we do not doubt China's willingness and ability to provide additional stimulus should conditions warrant. China's economy is going through what we call an L-shaped recovery, and we expect growth to stabilize around the 5.8%-6.0% number in the coming years. The proportion of worldwide growth contributed by China is expected to increase from 26.8 percent in 2021 to 27.7 percent in 2025, according to Bloomberg calculations using IMF data, which is more than 15 and 17 percentage points, respectively, higher than the U.S share of expected global output. All such information and opinions are subject to change without notice but any obligation to update or alter forward-looking statement as a result of new information, future events, or otherwise is disclaimed.

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Overall, we maintain our focus on long term themes, such as China’s rebalancing into services and consumption, increasing share of discretionary spending and premiumization, increasing spending on R&D and technology leading to innovations and market consolidation within segments. There are solid companies within our investment universe that we believe will continue to deliver resilient earnings growth. Three expert views on prospects for China's economy in 2020 and 2021, plus a market strategy outlook for bonds, equity, and multi-asset investors. All rights reserved.

To a limited extent, this has been true in the past 12 months, but we doubt the PBoC will significantly increase the money supply in 2020.

More than the technicals, we see capital appreciation opportunities in 2020 from two key sources: firstly, from the expected interest rate cuts we expect from the Chinese government and, secondly, from what we expect will be an influx of investor capital into the asset class as index inclusion continues to play out. As represented by Bloomberg Barclays US Aggregate Corporate Index, Bloomberg Barclays Euro Aggregate Corporate index, JACI Investment Grade Index, Bloomberg Barclays US Corporate High Yield Index, Bloomberg Barclays Pan-European High Yield index, and JACI Non-Investment Grade Index. By Hayden Briscoe, Head of Fixed Income, Asia-Pacific. USD 13 trillion worth of global debt, or 25% of the global market, offered negative yields at the end of October 2019, according to Bloomberg2. China's real estate developers have been selling houses faster than they can build them recently, and the investment in building product has yet to come through, so we see that overhang firming up the headline economic numbers in 2020.

Two reasons explain why: firstly, the PBoC is worried about stoking inflation and, secondly, China is intent on deleveraging the financial system, so it is keeping a tight rein on credit creation.

Nominal urban fixed asset investment expanded 0.8% terms in January-September, which contrasted the 0.3% decrease in the first eight months of the year. "The story is less dire than we thought three months ago, but dire nonetheless," IMF Managing Director Kristalina Georgieva said during a panel discussion that was held virtually. This week, the IMF presented its 2020 World Economic Outlook providing an overview of the global economy and the challenges ahead. To proceed, please confirm that you are a professional / qualified / institutional client and investor. Views and opinions expressed are presented for informational purposes only and are a reflection of UBS Asset Management’s best judgment at the time a report or other content was compiled. Potential for profit is accompanied by possibility of loss. Plan fiduciaries should determine whether an investment program is prudent in light of a plan's own circumstances and overall portfolio. © Banco Bilbao Vizcaya Argentaria, S.A. 2020. Although a fragile recovery is expected next year, in many countries output at the end of 2021 will still be below levels at the end of 2019, and well below what was projected prior to the pandemic. Japan's economy is forecast to decline 5.3 percent. Asian Development Outlook (ADO) 2020 Update: Wellness in Worrying Times. GDP projections. The Asian Development Outlook analyzes economic and development issues in developing countries in Asia. •

The IMF has upgraded its estimate for advanced economies for 2020 to a contraction of 5.8 percent, followed by a rebound in growth to 3.9 percent in 2021. economic growth outlook The Chinese economy is leading the global recovery, reflecting the fact that it was the first to enter into and emerge out of the COVID-19 shock. Enable JavaScript in your browser to view this website correctly.

IMF Chief Economist Gita Gopinath said China was pulling up the global numbers, and without China "cumulative growth for 2020 and 2021 is negative.". Thanks to a faster-than-expected recovery, China's growth will accelerate to 8.2 percent next year, the IMF said in the World Economic Outlook. This session was developed in partnership with CCTV2. Click on the button below to get started. This page has economic forecasts for China including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the China economy.

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Actions including sizeable and timely fiscal, monetary and regulatory responses have so far prevented a recurrence of the financial catastrophe of 2008-09, the report said, but pointed out the negative impacts of the pandemic will last. Moreover, we witness more quality companies coming into the public market, which may not be well-understood by the investors.

Source: Bloomberg, J.P. Morgan. We are holding more onshore equities compared to historical average as we see domestic sentiment improving thanks to rebounding economic activity and growing international demand thanks to index inclusion. Source: Bloomberg. As of end October 2019. China Economic Outlook October 20, 2020 The economic recovery strengthened in the third quarter as the country continued to dig its way out of the slump caused by the coronavirus pandemic: GDP expanded 4.9% year-on-year in Q3, bringing total growth in January–September to 0.7%.