In Conversation with GROW – Cracks in sentiment beginning to surface

Cracks in market sentiment have begun to surface in the first three weeks of 2025. A slew of negative headlines and rumours include the outgoing Biden administration placing several Chinese tech giants on the “Chinese Military Companies” list, and the tariff threats from the incoming Trump administration continue to be an overhang on markets. How do we see the US-China trade relationship in 2025, and how should investors position accordingly? Our experts also discuss the key US inflationary drivers to watch out for in 2025, and the path for the Chinese Yuan and Chinese equities given the recent policy announcements from the People’s Bank of China.

This episode is presented by Richard Tang, China Strategist and Head of Research Hong Kong at Julius Baer, with Hong Hao, Partner and Chief Economist at GROW Investment Group.