Decades of long-term growth at any cost may have propelled China to its current lofty position, however, its heavy-handed approach is turning immediate issues into structural question-marks, with investors now divided on the merits of the market.
Of the four years of poor returns on Chinese assets, 2023 is shaping up to be the most concerning. The end of zero-COVID lockdowns was supposed to mark the start of a growth renaissance for the world’s largest emerging market. Instead, a plethora of economic red flags sees the popular CSI 300 index at its lowest price since February 2019, as at 25 October…
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.
