Institution: The US economic slowdown has reshaped the investment pattern, and emerging markets such as China are becoming "attractive investment destinations".
Titanium Media App August 5 news, Derrick Irwin, senior portfolio manager of Siborui Investment Management, said that the weak employment data in the United States in July showed that the risk gap between American assets and emerging market assets was "narrowing". He said that the US economy is slowing down, not only relative to emerging markets, but also its own growth momentum is weakening. The Fed is likely to start a rate cut cycle, which puts pressure on the dollar. The current US government has made it clear that it is inclined to a weak dollar policy. The actual economic impact of tariffs on emerging markets is "more limited than expected" because a large number of imported goods in the United States still enjoy tariff exemption. Irwin believes that emerging markets such as China are becoming "attractive investment destinations". (Wide-angle observation)