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China’s data confirms a slowing picture for the world’s second-largest economy, but Arun Sai, Senior Multi Asset Strategist at Pictet Asset Management, is encouraged by what he sees as a ‘big shift to something more resolute’ on the part of Chinese authorities in trying to revive growth. Meanwhile, US Treasuries, he says, are likely to suffer if Donald Trump enters the White House again, with yields on the 10-year potentially reaching
5%.
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