The Financial Mail on Sunday's Midas column told readers to 'buy' shares of Defence outfit Chemring, arguing that the tide was turning for the sector as a whole due to heightened geopolitical tensions.
Chinese policymakers are targeting the slowest rate of growth for their economy this year since 1991 in the wake of Russia's invasion of Ukraine. At the opening of the National People's Congress, Premier Li Keqiang said the government's target for GDP growth in 2022 had been set at 5. 5% and promised to increase fiscal spending, including on defence. For their part, private economists anticipate that the People's Bank of China will cut interest rates, even as western countries do the opposite in order to brake price growth.
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Important Legal Notice about News Sources
Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.
We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.
The value of investments can fall and you may get back less than you invested.
