KBND - Restarting China's Economic Growth
2024-01-24 22:15:00 ET
Summary
- China’s government is finally moving to stimulate the economy after its sluggish post-COVID reopening.
- The country faces a slew of problems, including low consumer confidence, plummeting property sales, and high youth unemployment.
- Even if the government succeeds in reviving the economy, investors may have to come to terms with structurally lower growth, a backdrop that calls for a much more selective approach to China’s equity markets.
China’s government is finally moving to stimulate the economy after its sluggish post-COVID reopening. The country faces a slew of problems, including low consumer confidence, plummeting property sales, and high youth unemployment.
Even if the government succeeds in reviving the economy, investors may have to come to terms with structurally lower growth, a backdrop that calls for a much more selective approach to China’s equity markets....
Restarting China's Economic Growth