Hunter Chan, economist at Standard Chartered, points out that their China’s March SMEI survey indicates a significant improvement in SME performance. Key Quotes “The headline SMEI (Bloomberg: SCCNSMEI ) – based on our monthly survey of more than 500 SMEs nationwide – reached 57.1 in March, the highest level since May 2018.” “The ‘current performance’ sub-index rebounded sharply in March, normalising after the holiday disruption. However, the reading still edged down on average in Q1 from Q4, pointing to weaker real activity in the first quarter of the year.” “On the other hand, the ‘expectations’ sub-index stayed above 60 for the second month, suggesting a better outlook for SMEs compared to Q4-2018.” “SMEs’ credit conditions continued to improve in March on policy support. Banks’ willingness to lend to SMEs reached a record high, reflecting the impact of authorities’ efforts to direct financial resources to SMEs. Borrowing costs from banks remained stable but that from non-banks increased.” 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 Australia: Steady employment soothes the RBA – TDS FX Street 4 years Hunter Chan, economist at Standard Chartered, points out that their China's March SMEI survey indicates a significant improvement in SME performance. Key Quotes "The headline SMEI (Bloomberg: SCCNSMEI ) - based on our monthly survey of more than 500 SMEs nationwide - reached 57.1 in March, the highest level since May 2018." "The 'current performance' sub-index rebounded sharply in March, normalising after the holiday disruption. However, the reading still edged down on average in Q1 from Q4, pointing to weaker real activity in the first quarter of the year." "On the other hand, the 'expectations' sub-index stayed above 60 for… 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.
