HSBC Global Banking and Markets’ Post

The mixed trade data keeps alive calls for further government stimulus as the $18.6 trillion economy struggles to get back on its feet. Analysts warn that the jury is still out on whether strong export sales in recent months can be sustained given major trade partners are becoming more protective. “This reflects the economic condition in China, with weak domestic demand and strong production capacity relying on exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management. “The sustainability of strong exports is a major risk for China’s economy in the second half of the year. The economy in the US is weakening. Trade conflicts are getting worse.” Read more: https://lnkd.in/dQ2Pn9hr

The mixed trade data keeps alive calls for further government stimulus as the $18.6 trillion economy struggles to get back on its feet. Analysts warn that the jury is still out on whether strong export sales in recent months can be sustained given major trade partners are becoming more protective. “This reflects the economic condition in China, with weak domestic demand and strong production capacity relying on exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management. “The sustainability of strong exports is a major risk for China’s economy in the second half of the year. The economy in the US is weakening. Trade conflicts are getting worse.” Read more: https://lnkd.in/drPNtKvd

Global Trade: Economic growth remains likely to decelerate and ultimately result in a mild recession in 2024, followed by a return to growth in 2025, Source: the Fannie Mae (FNMA/OTCQB) Economic and Strategic Research (ESR) Group.

Trade Deficit Narrows to Nearly $21 Billion in November The trade deficit, a key economic indicator, demonstrated a promising shift in India's economic landscape as it narrowed to almost $21 billion in November. This encouraging development reflects a substantial decrease compared to the corresponding period last year, signifying an upward trajectory in the nation's trade balance. #Economicindicators #governmentexams #Importexportbalance #Indianeconomy #Tradedeficit

🌐 Trade was a Q4 GDP booster. Looking ahead to 2024, we anticipate the #trade impact on growth will reverse. #KPMG Economist Meagan Schoenberger, “The strength of the U.S. consumer in particular will likely have imports recovering much more rapidly than exports.” #economy

🌐 Trade was a Q4 GDP booster. Looking ahead to 2024, we anticipate the #trade impact on growth will reverse. #KPMG Economist Meagan Schoenberger, “The strength of the U.S. consumer in particular will likely have imports recovering much more rapidly than exports.” #economy

🌐 Trade was a Q4 GDP booster. Looking ahead to 2024, we anticipate the #trade impact on growth will reverse. #KPMG Economist Meagan Schoenberger, “The strength of the U.S. consumer in particular will likely have imports recovering much more rapidly than exports.” #economy

🌐 Trade was a Q4 GDP booster. Looking ahead to 2024, we anticipate the #trade impact on growth will reverse. #KPMG Economist Meagan Schoenberger, “The strength of the U.S. consumer in particular will likely have imports recovering much more rapidly than exports.” #economy

🌐 Trade was a Q4 GDP booster. Looking ahead to 2024, we anticipate the #trade impact on growth will reverse. #KPMG Economist Meagan Schoenberger, “The strength of the U.S. consumer in particular will likely have imports recovering much more rapidly than exports.” #economy