Manufacturing Slows From Europe to China on Trade Risks: Economy – Bloomberg 08-21-14

  • Martin van Vliet at ING said geopolitical tensions will become increasingly critical in the coming months, the big drop in China is consistent with a slowdown in growth, and the recovery in the euro area is too slow to turnaround the global market.
  • Christian Schulz at Berenberg Bank said geopolitical uncertainties, especially Ukraine, threaten to undermine the export-led recovery at least temporarily. He said high unemployment rates and public and private-sector deleveraging limit potential growth contributions from public and private consumption.
  • China’s GDP is expected to rise 7.4 percent in 2014.
  • Qu Hongbin at HSBC said the economic recovery is still continuing but its momentum has slowed again, so more policy support is needed to help consolidate the recovery.

Read the full article at  http://www.bloomberg.com/news/2014-08-21/manufacturing-slows-from-europe-to-china-on-trade-risks-economy.html

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