Tag: Property
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Which sector will Support China’s Steel Demand in H2 2019?
The escalating Sino-U.S. trade war is creating downward pressure on Beijing’s major steel consuming sectors such as machinery, automobiles, auto parts, and even home appliances. While the consumption of consumer goods has slowed due to China’s deleveraging campaign that started in early 2018 in the wake of U.S. tariffs imposed on Chinese goods on last…