10 Jan 2019

Crosby Research: Macro: Appliances and Autos to the Countryside Program could come again

The Autos and Appliances sectors were one of the best performing sectors yesterday on comments from an NDRC official about the NDRC is working on policies to support consumption, particularly on the heavily battered auto sector as well as electrical appliances. As we have pointed out in the past, this should not be unexpected.