Hot Search

Loading ...

Business and Market Discussions / View from Taiwan

2019-06-06

Business and Market Discussions / View from Taiwan

2019-06-06
The IMF has cut its forecast for Chinese economic growth in 2019 saying trade tensions have had a significant impact. It trimmed its GDP forecast to 6.2% from 6.3% previously and expects the economy to grow 6% in 2020. The Fund says some additional easing by China will be warranted if trade tensions with the US escalate further.

Private sector business activity in Hong Kong has slowed to a three-year low led by shrinking orders from the mainland. New business from China decreased for a thirteenth straight month during May.


Job growth in the US virtually ground to a halt in May. Private companies added just 27,000 jobs according to payroll processing firm ADP, compared to forecasts of 173,000 and is the worst reading since the economic expansion began in March 2010 after the global financial crisis.

On today’s Money Talk we have Enzio von Pfeil of St. James’s Place and Hao Hong from Bocom International. Providing the view from Taiwan is Political Risk Consultant, Ross Feingold.

Money Talk

A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live every weekday morning 8 to 8:30 a.m. on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
Back To Top