AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Value Versus Growth Dynamic in the Chinese Stock Market
The Chinese stock market today is at about the same point, I think, as in 2007. It's not expensive and there are many good companies. Once the Chinese investors realize how problematic their one-sided investment in real estate is, there could be a shift into equity. The more volatile period you see over the next six months where commodities get crushed, that's typically not good for emerging markets.