Stephen reckons markets are “seriously underpricing economic risk in China”.
Economists suspect the direct impact from the two sets of US tariffs aimed at Beijing could drag China’s GDP down by 0.3 percentage points in the longer run.
Stephen also shares some insights on how China can contain the adverse impact from its ongoing trade war with the US.
We also discuss the market expectation on China’s 2Q GDP that is scheduled to be out today.
