While most remains concerned over weakness in China and many analysts calling for further weakness in the economy, rating agency Standard & Poor is broadly confident over China's growth engine. The rating agency expects China to keep performing strongly over next two/three years.
S&P also maintained, China's sovereign credit rating AA, saying it is confident that China will keep growing around 6% per annum, while the government continues structural reforms.
China's current GDP growth is around 7%, so going by S&P's estimate, economy might slow a bit further. However it would be of lesser concern if it is able to maintain growth above 6% and shift its economy from investment dependent to consumption oriented. S&P feels investment to GDP ratio to drop below 40%. The rating agency expects per capital GDP to grow at 5.5% per annum.
Though concern level around Chinese economy eased after August turmoil, continued drop in commodities market might be indicating further weakness in demand, be it structural reasons or slowdown.


Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
Bank of America Warns Fed Probe Into Powell Adds New Risks to U.S. Monetary Policy
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates
BTC Dips on Trade Tension Ease, But 450 BTC/Day Whale Says “Buy More” – Eyes $107K Glory 



