Red Monkey into the trendline

The Red Monkey was warmly welcomed and now is fascinating with ambitious, adventurous, sometimes irritable and sizzling characteristics of fire. 

And this fusion is somehow now affecting to where is deeply embedded. 

The energy of the Red Monkey blends so far with several quite significant signs.

On Thursday S&P stripped the credit rating outlooks for China and Hong Kong from stable to negative, facing the increasing economic and financial risks to the mainland government's creditworthiness. Now the forecast for China's economic growth probably will remain at or above 6%  annually over the next three months.

Today the stock markets in Asia started the second quarter with declines. Shanghai Composite erased 1.05%, Shenzhen Composite fell 1.479% and Hang Seng index recorded a decline of 1.17%.

Meanwhile China labelled a record quarterly trove of mergers and acquisitions. $682 bn in global deal activity, $101 bn, or 15%  of that figure involved Chinese buyers. Amazing dealmaking!!!

Some external and cyclical factors affect more to the current slowdown in China’s economy rather than environmental constraints. So even the markets are lost during the last few months and this can not be translated clearly into the trendline, I think that the the country will continue to be a major economic engine of the world, contributing to 30% of world growth until at least 2020.