1. Hello Guest Click here to check FX Binary Point Financial Directory

China: a new growth paradigm - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Cristian Maggio, Head of Emerging Markets Strategy at TD Securities explained that China’s economic miracle is not over.

    See here for recent price action in AUD/USD

    Key Quotes:

    "It’s just transforming in order to build the foundations of a new growth paradigm that helps sustain growth for decades to come. Possible, but I struggle to see that far in the future.

    The real question is, what is the market going to do with China in the next 6-12 months?

    Will investors discount today a new better China in 5 or 10 years, or be carried away with the all the visible downsides of the adjustment?

    I would like to answer that the former is true, but I’m afraid that most in the market will continue to look at the latter."
    For more information, read our latest forex news.

Share This Page