Analyse Asia with Bernard Leong

The State of China in 2022 with Shai Oster

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Dec 14, 2022
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INSIGHT

Thirty Years, Zero Net Return

  • China equities have effectively returned to where they were 30 years ago, producing near-zero real gains over the period.
  • Shai Oster warns reopening brings more uncertainty despite market rallies celebrating 'China opening.'
ANECDOTE

Relocating Gave New App Access

  • Shai Oster relocated from Hong Kong to Bangkok and now uses more China apps there than before.
  • He notices strong Chinese brand presence locally, including Huawei, Oppo and Chinese EVs popping up on roads.
INSIGHT

Multi-Platform Sourcing Works Remotely

  • Reporters still use LinkedIn, WeChat, Telegram, Signal and WhatsApp to reach China sources despite travel limits.
  • Physical access matters less once borders reopen because cheap flights make travel between regional hubs easy.
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