test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time: May 25 2017 10:44AM
[11th China Hangzhou Cellulose Fiber (Viscose) Industry Forum]Macro economy, financial market and investment strategies in global turmoil
 
Text size
Zhang Ming, Institute of World Economics and Politics, Chinese Academy of Social Science, gives his speech
Macro economy, financial market and investment strategies in global turmoil


Mr. Zhang firstly introduce the trend of macro economy. Global economy extends its stagnation while warms up recently. Major developed markets have shown signs of recovery, and the situation in emerging markets also improve.

Secondly, he analyzes the dynamics of international financial market. Under the background of Fed's rate hike, many monetary policies show of central banks tighten. Geopolitical risks increase on the issues in South China Sea, the Middle East and Korean Peninsula. In forex market, real exchange rate of GBP depreciated, USD remained strong, and currencies of most emerging markets appreciated. Stocks in developed and emerging markets were mixed, while in the U.S. have risks. Bond yields in developed countries increased while the bull market might end. Commodity market continued moving up in 2016 while begin to consolidate in 2017. Risk aversion sentiment boosted gold prices. He also suggest to add safe-haven assets in terms of asset allocation.

China's economy and trade:
China's economy has not stepped out from the L-Shaped downward move. Consumption growth is large stable, foreign trade improvs, and labor market remains stable. China will keep applying proactive fiscal policy, natural monetary policy and tightening financial regulation. He also mentions the stock, bond and real estate market in China. China will accelerate the Road and Belt Initiative strategy.
Related Articles
[2019 China Hangzhou Chemical Fiber Forum]
The 14th Tanboocel Union New Textile Material Exhibition opens in
CCFGroup Training in Monoethylene Glycol (MEG) Industry
[2018 Nylon & Spandex Industry Forum]
[China Packaging Materials Industry Forum (The 6th International PET Industry Forum)]
[ 2018 China Yarn & Fabric Summit (The 7th Imported Yarn Forum)]
[5th International PET & RPET Industry Forum (2017) ]
[12th Nylon Industry Forum (2017)]
[2017 China Yarn & Fabric Summit (The 6th Imported Yarn Forum)]
[11th China Hangzhou Cellulose Fiber (Viscose) Industry Forum]
 
Research
Polyester supply and demand change in 2019 and outlook for ...
Polyester and end-user market demand in 2019
2019 polyester feedstock market outlook and short-term ...
Direct-spun PSF market pattern change
MEG-polyester market operation in 2019
 
 

浙公网安备33010902000742号