My Say: Global economic outlook is a glass half full, half empty
==========
The global economic outlook is a mix of optimism and potential perils. The US economy is cooling at a desirable pace, with the manufacturing sector weakening but the services sector remaining strong. China's outlook is uncertain due to a slowdown in the real estate sector, but policy support and improving economic momentum suggest recovery. East and Southeast Asian economies exposed to the technology sector are benefiting from the uptick in the tech cycle. However, the rising risk of a trade war poses a significant threat to the world economy. China's dominance in global exports and its competitiveness are causing tensions with other countries. The fiscal position of the US and its potential impact on the US dollar is another concern. Southeast Asian governments need to strengthen their resilience to financial shocks and protectionism, boost policy buffers, and leverage trade agreements to mitigate risks.
#GlobalEconomy #UsEconomy #China #TradeWar #TechnologySector #UsDollar #Resilience
https://theedgemalaysia.com/node/714787
Oddbean new post about login | logout