Zhengsheng Zhong - CEBM Group

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Last quote by Zhengsheng Zhong

A turning point in growth appeared to have emerged at the beginning of the second quarter. Investors should be cautious about downward risks in the economy.feedback
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May 04 2017 China
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Zhengsheng Zhong is associated, including China, December, and economy. Most recently, Zhengsheng Zhong has been quoted saying: “A turning point in growth appeared to have emerged at the beginning of the second quarter. Investors should be cautious about downward risks in the economy.” in the article China Caixin services PMI falls to lowest in nearly a year.
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Zhengsheng Zhong quotes

Overall, the economy continued to grow in September, but the rate of expansion fell two months in a row. Fiscal policy needs to continue to support the economy, because there is insufficient growth momentum on its own.feedback

The readings for the manufacturing PMI over the past three months seem to indicate that the economy has begun to stabilize.feedback

Overall, the economy continued to expand in August at a pace similar to the growth rate for July, but conditions in manufacturing and service sectors diverged again. Downward pressure on China's economy remains and supportive policies must continue.feedback

The stagnation that follows tentative signs of recovery in July may have been caused by a temporary tightening of proactive fiscal policies. Downward pressure on China's economy remains and government support to stabilize growth must continue.feedback

Implementation of supportive measures (by authorities) including proactive fiscal policies must continue to protect the recovery, and regulations in the services sector should be further relaxed.feedback

All of the index categories showed signs of deterioration, with employment falling back into contraction territory after three consecutive months of growth.feedback

Service sector growth is now supporting the overall economy, and the expansion for services is coming at a time when the manufacturing index is contracting, suggesting the nation's economic structure is becoming more balanced.feedback

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