Markets by Trading view
The recent correction in Chinese equity markets highlighted the uncertainties of the global pandemic recovery. But amid the ongoing transformation of the world’s second-largest economy, we see a long-term story that should support investment opportunities.
Our portfolios are positioned for a rise, albeit not a surge, in inflation. Our fixed income exposure is on the low side and the bond holdings are of quite short maturity, limiting our vulnerability to a further rise in yields.
Chinese GDP in the first quarter was up as much as 18.4% on a year earlier. But the gain compared to the previous quarter was a much more meagre 0.6%. Even so, growth over the year as a whole should still be close to 9%, higher than any other major economy with the exception of India.


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