12
Aug
China emerges as a new global technology leader (Part 1)
The trade war is accelerating China's emancipation. China has become a major technological power. Chinese leadership in an increasing number of key sectors. Chinese stocks are attractive and underrepresented.
Key points
- The trade war is accelerating China’s emancipation
- China has become a major technological power
- A clear and confident government commitment
- GDP resilience despite the trade war
- A worrying deflationary situation
- Accommodative monetary policy, low interest rates, and a strong yuan
- Chinese equities are attractive and underrepresented
