China’s GDP numbers miss expectations

Lee Kian Soon, the CEO of Astral Asset Management Singapore shares insights on regional markets performance as well as the following:

• China’s GDP grew 0.4% in the second quarter, compared with 4.8% in the first quarter and the 1% that analysts in a Reuters poll predicted.
• US’s 9.1% inflation and the July rate hikes.
• Currency swings due to the different rate cycles as euro slips to parity with USD and yen inching towards 140.
• Global Economic slowdown in 2H 2022 and implications for markets.

Guest: Lee Kian Soon, CEO, Astral Asset Management

Presenter: Brian Fernandez

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