Chen Zhiwu, chair professor of finance at the University of Hong Kong, said the pause by the US Federal Reserve, and possible cuts, could be positive for China’s exports but not its financial markets.
“The news means more US stock market and bond market upsides in the coming years, possibly luring more capital out from China,” said Chen, adding the US economy could continue to cool further but is unlikely to slip into a serious recession.
18 Dec 2023
金融學
