China

Talking Heads – New realities for investors in 2024
In this episode of our Talking Heads podcast, Andrew Craig, Co-head of the Investment Insight Centre, and Daniel Morris, Chief...

Weekly Market Update – Policy shift: are we there yet?
The pace of inflation in developed markets has slowed, while China’s economic weakness appears to have hit a ‘pain point’...

Investment Outlook 2024 – Stepping into a new reality
In 2024, the fuel that drove economic activity in 2023 will start running low. In the US, excess savings will...

Talking Heads – Global emerging markets: adjusting to slower Chinese growth
Among Asian emerging market (EM) equities, many investors have focused this year on what they see as an unusually lacklustre...

The renminbi’s creeping internationalisation (IV): BRICS expansion and the rise of Africa
The expansion of the BRICS bloc and China’s increasing business in Africa are deepening the renminbi’s internationalisation as China works...

MARKET UPDATE 14.09.2023
Weekly Market Update – Divergence is the theme
Divergence is a key theme in global markets now, with the manufacturing side of many economies much weaker than the...

Is China falling into deflation?
China’s headline consumer price index fell by 0.3% year-on-year in July to register deflation for the first time in two...

MARKET UPDATE 17.08.2023
Weekly Market Update – A bull in a ‘China shop’
Gains in equity markets this year reflect an outlook where economies continue to grow despite tight monetary policy, while the...

Should investors fret over talk of China heading for a ‘balance sheet recession’?
China’s economy shows symptoms of a ‘balance sheet recession’, which can destroy wealth and confidence, force economic agents to cut...

MARKET UPDATE 10.08.2023
Weekly Market Update – Big swings in long bond yields
Economic growth and inflation are slowing, developed country central banks are nearing the end of their tightening cycles, and some...

MARKET UPDATE 03.08.2023
Weekly Market Update – Policy tightening bites; a Politburo put in China?
Second-quarter purchasing managers’ indices (PMIs) suggest that the steep cycle of interest rate rises by leading central banks might be...

China’s demographic pains – Labour unwanted
To counter the drag of an ageing population on growth, Beijing is planning to gradually raise the legal retirement age....