Market Views: How investors should assess China over the next five years

Investors can now assess China’s markets according to the directions given at the end of the 20th National Congress of the Chinese Communist Party.  As an initial reaction, shares in Chinese companies saw a drop on Monday, October 24, when Hong Kong’s Hang Seng Index closed the day at 6.4% down, seeing its worst one-day rout since 2008. The Hang Seng China Enterprises Index, a benchmark of Chinese stocks listed in Hong Kong, went down 7.3%, in its worst showing after any Communist…