Homepage / Asia / China’s fintech companies offer ‘enormous’ opportunity, investment manager says
Bewertungen zu Vulkanvegas Lesen Sie Kundenbewertungen zu vulkanvegas com 3 von 5 小柳商事株式会 Mostbet Türkiye mobil uygulamasını indi What to anticipate in VDR Providers Best Country To get yourself a Wife: Asia, Europe & Latin America Technology and Asylum Procedures Business Process and Digitalization How to begin Your Blog With no Investment Software For Modern Business Setting Up the Electronic Data Areas Legal Support and Advice Intended for Small Businesses The very best Virtual VDR Providers 9 Tips for Working With Teams in Different Timezones Korean Brides -mail Order Brides From Southern Korea Choosing a Data Place Antivirus Solutions — What to Look For within a Good Anti-virus Solution Best Alternatives of VPN Software New Step by Step Roadmap for Marijuana News Relationship With A Russian Mail Order Bride: Can It Develop Suitable Family? Steve Munger: These Primary Guidelines Made Me Effective In Life With Warren Buffett, Thought about All Three Guide To Choosing The Right Mailbox Order Star of the event Web Site In 2023 Few Wins $3 Million In Pennsylvania Lotto Scratcher, Strategies Trip Privately owned Internet Access Avast Review Powerful Deal Achievement Top Rated Free VPN Services Adaware Review – Is Adaware Review Right For You? Large 15 Best Countries To find a Spouse In 2023 Online dating services Reviews Ideal Legit Snail mail Order Bride-to-be Sites To Decide On In 2023 & Feedback Thailänder Brides Pleasant Thai Mailbox Order Wedding brides To Marry Thailänder Brides Get A Thailand Deliver Order Bride The principal Expenses Ukrainian Mail Order Spouse Cost Includes The Nations Just where Girls Have One Of The Best Lives, In Chart Romancescout: Your Information To On-line Relationship Evaluations, Recommendations Tes Ship Order Bride-to-be Discover A Overseas Spouse Across the internet Free With Jetbride Com Powerful Interracial Marriages Exquisite Interracial Lovers Exactly what the Best Online dating Websites? Very best Dating Web page Reviews – Find Your web Soul Mate Ways to Create Online dating sites Profiles Long Relationship Suggestions Long Relationship Suggestions How to begin a Successful Wife Search Getting married to a Russian Child The right way to Meet Delightful Ladies Around the World To recognize Know About Ukrainian Single Girls Dating The Different Types of Sugar Daddies The key benefits of Dating a Latina Top 5 International Dating Sites Russian Women Seeking Men Overseas Cookware Interracial Lovers and the Backlash Against All of them Getting the Marriage License and Wedding ceremony Done Correct How to pick the Best Web based Marriage Company Flirting Tips For Timid People Delightful Interracial Lovers Crucial Russian Females Dating Suggestions for Men Steps to create the Most of Dating An individual From Another Country Web based Top five Romantic Honeymoon Destinations Just what Soulmate? Web based Relationships Suggestions The Challenges of Dating An individual From A further Country Setting Expectations just for Online Sugar Daddy Arrangements Marital relationship License and Ceremony Why Are Latinas Heated? Getting Foreign Bride-to-be Tips on how to Propose — What’s the Best Way to Say “I Do”? Is usually Your Long Distance Marriage Moving Too quickly? Dating Etiquette — The Modern Rules of Seeing A Quick Guide to the Use of NLP in Chatbots Building Trust in Human relationships Les mariages interracials les plus réussis sont ceux basés sur l’amour & le respect Browsing through Cultural Differences in Asian Human relationships How you can Have a cheerful Marriage The right way to Fix a Relationship With out Hurting Your companion How to Spice Up a lengthy Distance Relationship The main advantages of Online Dating What is the Best Female Race to Marry? Western european Women Stereotypes Why Asian Girls Like Bright white Guys How to Succeed in On the web Relationships Top 5 Online Connections Tips Top 5 Online Connections Tips Leading Countries With Best Foreign Brides Powerful Interracial Relationships Asian Wedding Icon Meanings Where to Find a Deliver Order Star of the wedding Wedding ceremony Traditions in Ukraine For what reason Asian Girls Like Light Guys Asian Brides Via the internet Tips on how to Propose – What’s the simplest way to Say “I Do”? 5 Latina Wedding party Traditions Will possibly not Have Dreamed about When should you Stop Online dating Other People in Online Dating Latina Relationship Interaction Styles How to Find a Bride On line Good Interracial Relationships Oriental Wedding Practices Top five Online Relationships Tips The right way to Meet Overseas Woman and Create a Longer Distance Romantic relationship Where to Meet Latina Mail Buy Brides Where to get a Hot Asian Star of the event


China’s fintech companies offer ‘enormous’ opportunity, investment manager says

Despite a slowdown in growth and trade tensions, there are “enormous” and “stunning” opportunities in China, particularly in Fintech, an investment manager said Tuesday.

“We love the fintech sector in China today,” Glenn Youngkin, co-CEO at Carlyle Group, told CNBC’s “Squawk Box Europe.”

“We think it offers an enormous growth opportunity. The Chinese economy is growing, it’s growing at the fastest pace in the world, the Chinese consumer is growing faster than any consumer in the world, and any evolution of financial technology in that environment is actually stunning.”

China’s economy grew at a pace of 6.7 percent in the second quarter of the year — slightly below the 6.8 percent seen in the first three months of 2018, according to data published by Chinese authorities Monday.

However, because of Washington’s recently-imposed tariffs on Chinese products, investors are worried that China’s economic growth will be even lower in the coming quarters. And given that it is the world’s second-largest economy, any slowdown domestically could dent global growth too.

UBS said in a note Tuesday that growth momentum in China is slowing down and that the trade war with the U.S. could have a knock-on impact on Chinese growth above 0.5 percentage points. The Swiss bank has downgraded its forecasts for Beijing from 6.6 and 6.4 percent for 2018 and 2019 respectively to 6.5 and 6.2 percent.

However, Youngkin told CNBC he is positive about the Chinese growth story.

“Despite the news overnight from Beijing, on expectations out of China, we felt that China was growing at a 5 or 7 percent for quite a while now. And so for them to say, ‘Well, we might not grow at 7 but we may grow at 6,’ for an economy of that size, we think over the long-term is pretty darn impressive,” he said.

In comparison, the U.S. growth rate stood at 2 percent in the first-quarter of the year.

“We think the volatility in the markets in the near-term has clearly increased and will continue to increase, but over the long-term we don’t see any near-term signs of recession,” Youngkin added.

One of the reasons behind the recent market volatility is trade tensions. Chinese stocks, in particular, have been quite vulnerable to repeated announcements and threats from President Donald Trump of new duties on Chinese goods.

“We do hope this gets settled,” Youngkin said about trade tensions.

Source: cnbc china
China’s fintech companies offer ‘enormous’ opportunity, investment manager says

Comments are closed.