CREDIT SUISSE: Here’s why investors shouldn’t assume China’s economy is already recovering

CREDIT SUISSE: Here’s why investors shouldn’t assume China’s economy is already recovering

12th February 20190Byadmin

Credit Suisse analyst Andrew Garthwaite says signs of Chinese economic growth could be a fake-out.

While he’s seen big rallies in areas like emerging-market indexes and mining companies, he argues that the Chinese government hasn’t yet added enough stimulus to the economy to loosen credit conditions. And without lax lending standards, he says industrial production and economic growth won’t improve.

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