Global markets remaining volatile and future looked grim

Markets fared individually. China stock halted its free fall yesterday, while Nikkei shed another 314 points fearing US and China trade disputes and US 10 year high yield could damage its economy. On the other hand, IMF issued latest research report forecasting global economic growth would suffer setback from the continuous trade disputes between US and China. As a result, US market failed to make any progress even though the third profit and earning report is about to be kicked start, forecasting another rosy season ahead. Considering US and China trade dispute is no where near resolving, so how is the present investment environment in China and are there any new investment opportunities for Australian firms to enter China’s market today, Director of International Trade of Shinewing Accounting Group, David Chu, will shed light on this topic.

US and China trade disputes likely to escalate, intensify and spread to other areas. AAP Source: AAP