WEALTHTRACK China’s Economic Comeback Offers Specific Investment Opportunities
It’s been a roller coaster of emotions for investors this week. Our focus is China. China of course is where COVID-19 originated in late 2019. It felt the impact first. It shut down vast swathes of its economy in response and it is now coming out of it, first. All indications are that the world’s second-largest economy, by some measures occasionally the largest, is making a comeback. It looks like an impressive one.
The International Monetary Fund is predicting China’s economy will expand 1.9% this year, and estimates it will be the only major world economy to show any growth.
This week’s guest says that China’s economy is well on its way back to normal and that there are multiple opportunities for investors in the world’s second-largest stock market.
Robert Horrocks, Ph.D. and Chief Investment Officer of Matthews Asia on how back to normal is China? We will find out.
WEALTHTRACK #1720 broadcast on November 13, 2020
More info: https://wealthtrack.com/chinas-economic-comeback-flourishing-a-share-markets-offer-specific-investment-opportunities/
IMF: China’s economy will expand by 1.9% this year: https://www.imf.org/en/Countries/CHN