BYDDF - China's Long Game

2024-03-29 03:05:00 ET

Summary

• The investment case for China today is a long shot. It’s not something we are prepared to commit any serious money to today.
• A general rule of thumb is that the property and investment sector contributes about a third of China’s total GDP.
• The answer, made abundantly clear in a state of the nation report Prime Minister Li Qiang gave earlier this month and since repeated incessantly in the Chinese press, is high tech manufacturing, with a deep focus on clean energy.

A few weeks ago, we used this space to write about China and India, the two largest countries in the world by population that both figure prominently into the global economy....

For further details see: