The SSE Composite Index fell 1.0% to 2,807.51 from May 11 to May 18, 2016, after the minutes of the Federal Reserve’s April policy meeting hinted that a rate hike might happen in June.
We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.
The SSE Composite Index fell 5.4% to 2,835.86 from May 5 to May 12, 2016. Despite weak economic growth, the Chinese government has refrained from adding fresh stimulus to the Market.
The SSE Composite Index fell after news broke that Donald Trump was the Republican Party’s presumptive presidential nominee. Trump’s policies could affect US-China trade relations.
In this series, we’ll look at how the active and passive funds focused on the BRIC nations have performed. A variety of incidents and developments have led to the loss of investor confidence in these economies.
According to Boston Consulting Group, China’s total retail sales are forecasted to grow by 50% to $6.5 trillion by 2020 with online transactions growing by nearly 25%.
