Goldman Sachs on 3 reasons China’s economy is going to trun better

Goldman Sachs on China’s (improving) economy, citing 3 stronger signs:

• fiscal easing, strong export momentum, and subsiding weather-related
  risks

1. Fiscal easing – GS see signs this has recommenced in recent weeks

2. Export momentum is strong (an interesting point, it’ll be tested today: Economic calendar in Asia 10 September 2024 – Chinese trade data for August)

3. Weather-related risks from the summer are likely subsiding

Combining the three GS China’s property market could get some positive input.

This article was written by Eamonn Sheridan at www.forexlive.com.