China

Ramping up the US-China chip rivalry: Who will suffer the most?
In another turn of the screw in its ban on tech and chip exports to China, the US is proposing...

All change in China, now it's over to the consumer...
Chinese policymakers are pulling out all the stops to revive economic growth in 2023. Minyue Liu, Investment Specialist for Greater...

Talking heads – Emerging market equities: it’s all eyes on the Chinese consumer
Given China‘s pivotal role as the world’s second-largest economy, its recent refocusing on lifting growth should be a tailwind for...

China’s structural growth - From opportunities to challenges with risks
After more than 40 years of economic reforms, China is arguably moving from an era of growth opportunities to one...

Investment symposium – Macroeconomic themes for 2023
At our annual Investment Symposium, investment teams from across BNP Paris Asset Management debated the macroeconomic themes with the potential...

MARKET UPDATE 12.01.2023
Weekly market update – Inflation down, China reopens. Happy New Year
Inflation in Europe and the US has continued to soften, while China has ditched its zero-Covid policy and shifted to...

Renminbi internationalisation – The petro-yuan and the role of gold
If Saudi Arabia decides to trade its oil with China in renminbi rather than US dollars, it would add momentum...

Multi-asset update – Trimming our China exposure
Weighing up a generally gloomier economic outlook, the limited readability of the Chinese market after September’s Politburo meeting, and the...

Hong Kong dollar peg stress-tested – again
Is the Hong Kong-US dollar peg – the Linked Exchange Rate System (LERS) – truly sustainable? It’s once again being...

The stars may be aligning for China’s recovery
In recent days, China has proposed relaxing some of its strict zero-Covid policies and property market restrictions. These measures will...

Crypto’s contagious effect on equities
The increasing correlation between cryptocurrency trading and equity markets – especially in Asia – could be contagious. Large crypto losses...

China’s new leadership – What has changed?
Four of the seven-member Chinese Politburo Standing Committee are new appointees. What are some possible implications of the change? The...