The GDP impact of escalating trade tensions will be more severe on China but US consumers will pay as companies pass on higher costs.
Quickview: China lowers its 2019 growth target to 6-6.5%, but so far no signs of mega stimulus from National People’s Congress
In this month's infographic we look at "unloved" European shares, the economic ties that bind China and Australia and update our emerging market view.
Snapshot: We illustrate how trade concerns influenced emerging markets equity returns in 2018, and discuss the prospect of a rebound this year.
Macau is the only place in China where casino gambling is legal. The spending data, therefore, offers an alternative view of moves in the Chinese economy.