After a challenging 2022, chief investment officer of China's largest life insurer says opportunities have returned to China's real estate and stock markets in 2023.
China’s shift in both Covid-19 and economic policies, including direction laid out in the December Central Economic Work Conference, has set the stage for investors as the country reopens.
The boycott of mortgage repayment by Chinese homebuyers has not only impacted the property sector but is also posing a threat to the macroeconomy and social stability of China.
Fund managers are keeping an eye on how the Chinese government will rule on easing monetary policy, ending Covid lockdowns, and its relationship with Russia, while at the same time “bottom-fishing” for good deals in the world’s second-largest economy.