Declining private investment casts shadow over China’s economic outlook
Our Global Macro team has just returned from Hong Kong, where they held discussions with a series of private domestic and foreign investors about the outlook for China. Many pointed out how private investment, from both domestic and foreign sources, is declining just as China needs more of it. Geopolitics is partly to blame, but an uncertain domestic political environment is also holding back private sector activity. This is increasingly being referred to as a key reason China’s long-term growth outlook is weakening.
To read their trip write-up, please register your interest below and a member of the Global Macro team will be in touch.