China Watch: More support likely, as weakness deepens
PublicationMacro economy
US and China made some goodwill gestures, with new talks on the horizon …, after an escalation of tensions over the summer. Sort of (interim) deal would not mean strategic competition is over. ‘Cold war 2.0’: US and China much more integrated than US-USSR back then. August data show that economic momentum has weakened further … building the case for additional (piecemeal) stimulus.
