\u201cWhereas the survey was indicating robust economic growth in excess of 2% late last year, the February survey signals a faltering of annualised GDP growth to just 0.6%.\u201d<\/p>\n<\/blockquote>\n
Despite ongoing uncertainty about a full-blown US-China trade war, US banks are bullish on Mainland China\u2019s equity markets.<\/p>\n
\n\u201cGoldman Sachs remains overweight on China\u2019s A shares and H shares. Developments in artificial intelligence will continue benefiting H shares from the fundamental and liquidity perspectives, the analysts say, and see room for A shares to catch up and narrow the return gap with H shares. H shares could continue being favored as global funds raise their allocation in China, they add.\u201d<\/p>\n<\/blockquote>\n<\/div>\n
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[ad_1] US Services Sector Contracts On February 21, the US services sector took center stage. The S&P Global Services PMI unexpectedly dropped from 52.7 in January to 49.7 in February, signaling a sector contraction. Accounting for around 80% of US GDP, February\u2019s data heightened fears of a sharp economic slowdown, triggering a flight to safety. S&P Global Market Intelligence Chief Business Economist Chris Williamson emphasized the significance of the February survey, stating: \u201cWhereas the survey was indicating robust economic growth in excess of 2% late last year, the February survey signals a faltering of annualised GDP growth to just 0.6%.\u201d US Banks Turn Bullish on China Stocks Despite ongoing uncertainty about a full-blown US-China trade war, US banks are bullish on Mainland China\u2019s equity markets. On Monday, February 24, CN Wire reported: \u201cGoldman Sachs remains overweight on China\u2019s A shares and H shares. Developments in artificial intelligence will continue benefiting H shares from the fundamental and liquidity perspectives, the analysts say, and see room for A shares to catch up and narrow the return gap with H shares. H shares could continue being favored as global funds raise their allocation in China, they add.\u201d [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":36213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-36212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/36212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=36212"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/36212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/36213"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=36212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=36212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=36212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}