China holds the most important economic event in the country; property developers still on a spending spree
December 18, 2017
China held the most important economic event in the country – the annual economic conference – this week, just as there is news that US President Trump will be naming China as a “strategic competitor”. The move adds another layer of strain on a fragile relationship and expected to be well discussed in the conference, although China is not likely to mention the US president by name in its conclusions. Meanwhile, property developers in China are still on a spending spree, despite government efforts to trim leverage.
The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles.