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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow is the 'best time' to hedge and add U.S. treasurys to your portfolio: CIOHelen Zhu of NF Trinity discusses portfolio construction strategy and her thoughts on short and long dated U.S. treasurys.
Persons: Helen Zhu Organizations: NF Trinity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A whole suite' of policies are needed to jumpstart China's economy, not another rate cut: CIOHelen Zhu of NF Trinity says there could be a decent pick-up in China's economy in the second half of this year, given the low base and the potential export demand recovery.
Persons: Helen Zhu, NF Organizations: NF Trinity
The economy grew 3% in 2022, less than Beijing's official target of around 5.5% set in March last year. For 2023, the government last month set a modest growth target of "around 5%." On pace to exceed targetGoldman Sachs said China's first-quarter growth of 4.5% supports the firm's full-year outlook for the economy to grow 6%. "Today's data are in line with our full-year bullish view for China growth," Goldman Sachs' chief China economist Hui Shan told CNBC. We keep the full-year GDP forecast at 5% as external demand should be a concern for the year," Pang wrote.
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