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What a year 2018 was. We're talking about China-US trade tensions, stock turbulence and commodity volatility in a monetary tightening cycle. The coming new year will be packed with fresh market jitters over the same concerns. And China is in the middle of all those just-mentioned stories. So how should investors stay ahead of the curve? CGTN's Xia Cheng gives us a recap of this year and a preview of the next.
It was a roller-coaster ride in 2018 thanks to the China-US trade tensions being a major surprise, a see-saw spat over Brexit deal and global central banks' tightening bias. But don't unbuckle just yet as we have the same road bumps ahead after 2019's first 90 days of China-US trade truce. Before the US and China reach a final deal, safer assets will be high in demand.
As China celebrates 40 years of reform and opening up, analysts expect more packages of fiscal stimulus ahead to target smaller players in the private sector and lower investment barriers for international investors.
XC CGTN