The U.S.-China trade war escalated over the weekend, with a number of private economists claiming that it only affected China's $18 billion of exports, but it was clear that the stock market was still being adversely affected, even though the real estate sector began to rise today. The domestic financial sector has also started to rise sharply. However, the A-shares were still smashed at the end of the session.
The current economic recovery cycle is actually not stable The current Sino-US financial war and trade war seem to be putting a lot of pressure on China's economy, and everyone is still worried about the impact of continuous harassment by the United States on our economic recovery.
The exchange rate of the renminbi against the US dollar has risen to a certain extent, roughly stabilizing at around 7.20 yuan to the US dollar. With the obvious trend of interest rate hikes in the US dollar. It is believed that the RMB is about to usher in a sharp rise. From the perspective of the stock market, various interest groups still seem to be controversial about the market outlook. At present, it depends on the face of the real estate enterprise sector. It was a surprise indeed. Once upon a time, the real estate sector dragged down China's economy and the broader market, but today it has bottomed out. That's what it should mean.