| The September Chinese trade data, combined with improving evidence from the macro front for October (a rebound in PMI and expansionary indications in the manufacturing sector), are in line with Barclays' soft landing assumptions, as the bank continues to grow more positive on the outlook for China’s commodity import demand over the remainder of the year.
The report from Barclays paints an encouraging picture of China and eschews fears of a hard landing by the economy...............................................Full Article: Source
|