Malkiel remains a bull as bears focus on China
Renowned American economist and writer Burton Malkiel has dismissed fears that the Chinese economy may falter and says he expects China to continue to grow strongly for at least a decade.
Renowned American economist and writer Burton Malkiel has dismissed fears that the Chinese economy may falter and says he expects China to continue to grow strongly for at least a decade.
While the China-growth story was not new, an expert in investing in the region said investors should consider if their current exposure to the economic giant took advantage of where future growth was predicted to occur.
In a sign that ESG issues are becoming a greater concern in China, the country’s first ESG index will launch this Friday as a joint venture between the main Shanghai exchange and an Italian research company.
You get immune to rapid change in China, with the pace of development clearly visible all around. One wonders how long it will still be considered a developing nation.
Investors may soon be able to invest in RMB-denominated ‘financial products’ on the Hong Kong stock exchange, which could also be a boon for the big global ETF providers.
A gradual appreciation of the Chinese currency, although probably too gradual for some in the west, signals a far more fundamental evolutionary phase for this nation than currency management.
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