Morgan Stanley says shopper confidence in China continues to progressively slide decrease

Morgan Stanley AlphaWise Shopper Pulse Survey in late September, with 2,000 shopper respondents.

In abstract:

• 49% of customers count on the Chinese language economic system to enhance within the subsequent six months, down from 55% in June
• 13% to worsen, +1%
• 38% mentioned they count on the economic system to remain the identical, +5%

Family spending intentions:

• 25% of customers count on to spend extra within the subsequent quarter, -Three% from june
• 10% count on to spend much less, +2%

Morgan Staley name for higher stimulus:

• “Our China economists consider the weakening shopper sentiment factors to a necessity for additional consumption stimulus to assist alleviate the deflation spiral”

Yellen was on the identical path on Tuesday:

• Yellen says China stimulus efforts fail to deal with 2 key areas of shaky Chinese language economic system

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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