After a string of headaches, some positive buzz appears to be brewing for China’s economy.
The growing likelihood of even a limited trade deal with the United States combined with a ramp-up in Chinese stimulus are jointly making some experts more optimistic about the 2019 prospects for the world’s second-largest economy.
“The point is that both sides are now under a lot of pressure to get a deal done,” Stefan Hofer, chief investment strategist at LGT Bank in Hong Kong, told reporters on Tuesday, calling it “just something that has to happen.”. “I think it’s perfectly okay for investors to take on China exposure now in anticipation of that,” he said.
