GS client note on investors views on China. Chinese investors expect:
- economic growth deceleration in H1 2019
- slowing exports and domestic consumption
- easy monetary, fiscal policy to remain, blunted somewhat by leverage, fiscal, and forex constraints
- no comprehensive US/China trade deal in the 90-day period, but some sort of extended pause is possible
On the yuan:
- fundamental weakness to re-emerge after trade truce period
