Measures of new orders and new export orders slipped — a bearish signal for future demand — while readings for input and output prices weakened, the PMI data showed. “The slowdown will continue into the next year,” Macquarie Securities Ltd economist Larry Hu (胡偉俊) said. Recent steps taken to support growth should start to gain traction soon, he said. ING Bank NV analyst Iris Pang (彭藹嬈) said she expects 4 trillion yuan (US$581.52 billion) in stimulus this year and another 4 trillion yuan in 2020. “The key is not just the size, though, it is about the speed,” she said.

Source: Taipei Times December 31, 2018 15:56 UTC