Global stocks fall after disappointing China data
Global stocks fell Thursday as weak China export data disappointed investors amid renewed concerns about the health of the world's second-largest economy
By | Associated Press – 1 hour 53 minutes ago
Ricky L • Remove
If there are increased in export, it will have higher export revenue and this will help to recover business debt.Reply
But as export fall, it will require domestic demand to beef up business activity and cover the business debt. But the falling in import indicate that domestic demand is also weak.
This spell bad for China Economic growth and debt recovery - a double whammy of weak export and weak domestic demand.
This will impact Singapore Economy as China is one of our main trading partner and investment destination.
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