网络盘口平台

          Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
          Subscribe CustomBlackClose

          Belt & Road Weekly Subscription Form

          download_pop

          Research ReportCustomBlackClose

          The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

          Click on the button below to create your account and get immediate access to thousands of articles.

          Start a Free Trial

          Xinhua Credit
          China Macro-economy

          Foreign institutions optimistic about China's economy, expecting strong rebound in H2

          February 17, 2020


          Abstract : Foreign institutions are optimistic about China's economic outlook and believe that some industries will be affected by the epidemic in the short term, but resilience of its economy remains solid and a strong rebound will be expected in the second half of the year.

          BEIJING, Feb. 17 (Xinhua) -- Foreign institutions are optimistic about China's economic outlook and believe that some industries will be affected by the epidemic of novel coronavirus pneumonia (NCP) in the short term, but resilience of its economy remains solid and a strong rebound will be expected in the second half of the year.

          Citibank believes that China's resumption of work and production is now underway. If the epidemic is effectively controlled, industrial activities will rebound in the second quarter. With the support of more government policies, the Chinese economy is expected to see a strong rebound in the second half of the year.

          "The epidemic has not changed the overall recovery of China's economy in 2020. China's economic activity and related industries will be affected in the first quarter, and then it may have a V-shape recovery", said Ruan Weiguo, an investment director of Invesco.

          Charlie Thomas Munger, Warren Buffett's long-term business partner, has also recently stated publicly that he has not wavered in his long-term optimistic stance on Chinese enterprises and the Chinese economy.

          Given that China's economy is still more resilient, we believe that A-share investment opportunities are greater," said Wu Jingjing, head of investment strategy at Citibank (China).

          Meanwhile, the institutions are generally optimistic about the pharmaceutical and Internet technology sectors and companies in the A-share market.

          Citibank said it is optimistic about companies with Internet factors in the software, e-commerce and entertainment sectors.

          "Once the epidemic eases, given China's high Internet penetration, recovery in these sectors may be faster," according to Citibank.

          Fidelity International believes that although the epidemic may cause frustration in the short-term demand in the technology industry, the structural growth trend of the technology industry is irreversible, thanks to the booming data market. Companies in the cloud data industry chain will benefit.

          Given that China's 5G development will enter a stage of promotion in an all-round manner, Fidelity International said that it is very optimistic about related companies in China's 5G technology construction and application industry chain. (Edited by Hu Pingchao, [email protected])

          Scan the QR code and push it to your mobile phone

          Keyword: China economy

          Reading:

          Shares of sci-tech innovation board up 30pct on average this year

          China's Inspur Cloud provides free cloud services to SMEs amid epidemic

          China, Vietnam coordinate to bring back Chinese travelers affected by flight suspension

          China's digital marketing industry maintains growth amid epidemic

          Turnover on "new third board" nears 10.8 bln yuan in 2020

          Write to Us belt & road login close

          Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

          Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

          Start a Free Trial

          Ask Us A Question belt & road login close

          If you have any questions, please enter them in the box below.

          Reload

          Write to Us belt & road login close

          Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

          Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

          Start a Free Trial

                  阳光在线官方

                  正规快3官网-首页

                  新濠天地娱乐赌城网

                  mg电子游戏官方网站

                  彩名堂计划app登录

                  干亿|国际

                  足球直播网

                  智胜彩票

                  霁齐彩票注册