Arjen van Dijkhuizen, senior economist at ABN AMRO, suggests that for Chinese policy makers, ‘mixed signals’ are pretty much business as usual, given that various policy makers have different roles and backgrounds. Key Quotes “What is clear is that, with the Chinese economy facing headwinds from previous financial deleveraging and the trade conflict with the US, Beijing has put macro-economic stabilisation at the top of the priority list while (financial) deleveraging has been shifted down.” “At the same time, Chinese policy makers are still constrained by longer-term goals, such as stabilising leverage and tweaking China’s growth model to safeguard long-term growth and prevent future rating downgrades. That explains why policy support is not coming in ‘big bazooka’ style, but rather is being unfolded by means of a wide range of smaller targeted fiscal and monetary easing steps.” “We expect the piecemeal easing approach to continue. That said, it seems that the shift from financial deleveraging to targeted easing has started to filter through, for instance in overall credit growth.” “All in all, China’s economy has slowed, but we expect economic growth to stabilise in coming months as headwinds are ebbing.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next India-Pakistan reportedly exchange heavy fire on Line of Control – USD/INR may extend gains FX Street 4 years Arjen van Dijkhuizen, senior economist at ABN AMRO, suggests that for Chinese policy makers, 'mixed signals' are pretty much business as usual, given that various policy makers have different roles and backgrounds. Key Quotes "What is clear is that, with the Chinese economy facing headwinds from previous financial deleveraging and the trade conflict with the US, Beijing has put macro-economic stabilisation at the top of the priority list while (financial) deleveraging has been shifted down." "At the same time, Chinese policy makers are still constrained by longer-term goals, such as stabilising leverage and tweaking China's growth model to safeguard long-term… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
