Bloomberg Daybreak: Asia Edition China's Growth Forecast, US House Passes Spending Bill to End Shutdown
Nov 13, 2025
Yifan Hu, Chief Investment Officer at UBS Wealth Management, shares insights on China's projected 2025 GDP growth and the impact of AI on jobs and industries. He notes that while industrial output and AI-driven sectors may lead the recovery, property challenges persist. Mike Dixon from Horizon Investments analyzes U.S. market trends post-government shutdown, highlighting Cisco's AI momentum and the importance of upcoming economic data for Fed decisions. He recommends small and mid-cap investments and emphasizes global exposure, particularly in China.
AI Snips
Chapters
Transcript
Episode notes
AI And Industry To Lead Growth
- Yifan Hu expects industry output, driven by AI applications and advanced manufacturing, to lead China's growth.
- She sees consumption remaining stable but weak, with property continuing to be a drag absent a sharp collapse.
China Tech: Cheap Valuations And Ecosystem Edge
- UBS upgraded Chinese tech citing attractive valuations and rising AI capex comparable to the U.S.
- Hu argues China benefits from an ecosystem effect that could amplify AI spillovers across sectors.
Position For AI Across Hardware And Industrials
- Allocate beyond software to AI hardware and industrial applications like new materials, healthcare, and energy transmission.
- Expect sectors tied to AI capex and advanced manufacturing to outperform into next year.