CHINA - Healthcare, Steel, Autos, Education, Research From Beijing

Scott Laprise/ 乐天虎

CHINA - Healthcare, Steel, Autos, Education

Thematic (Sector/Industry)

<ul>
<li>
<strong>Consensus views on China look to be wrong so far in 2017, consensus should be upgrading</strong><strong>.</strong>
</li>
<li>Trump 'first day in office currency manipulator charge' on China looks unlikely.</li>
<li>Trump has reversed his view on “One China Policy” as expected.</li>
<li>Trump 'first day 45% tax on Chinese goods' looking less likely though we do expect some selective taxes.</li>
<li>PMI better than expected, the economy showing good strength.</li>
<li>Trump was granted approval for his name as a trademark which should help China.</li>
<li>RMB is holding up as we…</li>
</ul>



Consensus views on China look to be wrong so far in 2017, consensus should be upgrading.

Trump 'first day in office currency manipulator charge' on China looks unlikely.
Trump has reversed his view on “One China Policy” as expected.
Trump 'first day 45% tax on Chinese goods' looking less likely though we do expect some selective taxes.
PMI better than expected, the economy showing good strength.
Trump was granted approval for his name as a trademark which should help China.
RMB is holding up as we…


CHINA - A Year for Volatility – Part IV - Doom and Gloom Unlikely