“What should be” versus “What is likely to happen”
Also Interesting
China Market Outlook 2023
KEY INSIGHTS
- Since the Party Congress, China has announced a significant easing in its zero-COVID restrictions and more measures to stabilize residential property, which is encouraging.
- China is at a different stage of its business cycle compared with other economies and has room to ease policy as inflation remains low.
- With institutional holdings the lowest they have been in five years and valuations far below average, the risk/reward ratio for Chinese equities is favorable.
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