Optimism For Chinese Economy As Trump Trade Continues To Fade

Optimism over the underlying momentum of the China economy in 2017 has continued to improve, following official figures showing that GDP output grew by 6.9% over the first quarter of 2017. This represents stronger growth than what was expected and does point towards the China economy making a turnaround after consecutive years of declining growth in the years beforehand.

What has been impressive over the rebound in China has been the ongoing signs of domestic economic strength, and by this I mean consistency in domestic consumption with retail sales and a recent trade balance release being just a few pieces of economic data that has surprised to the upside.

Could The Yuan Be Oversold?

While the Yuan is still somewhat under pressure and weak if looking at it from a historical point of view, I would go as far as to now say that the Chinese currency...

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