It’s no secret that China’s economy has hit some bumps in the road this year. In a new report, UBS analyst Tao Wang discussed exactly what is going on in China and how the nation can reduce its financial risk.
According to Wang, property-related adjustment remains the biggest drag on growth in China. For now, he sees policy initiatives in China focused on fiscal and infrastructure targets.
He believes the major financial risk China faces must be addressed by reducing the debt-servicing burden, stabilizing nominal growth and the restructuring debt and excess capacity.
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!