Crouching tiger, hidden powerhouse: Why China's re-emergence as a global player must not be sniffed at

Deep Dive into China

This year has made no sense in so many ways. Given all the economic disruption wrought by global lockdowns, few would have guessed the markets would be up for the year.

China is perhaps less surprising than other markets as  it dealt with the virus rapidly and effectively. China has been solid with a rebound in the majority of macroeconomic metrics in what is now a predominantly domestic demand driven economy.  In addition, China's equity markets look less vulnerable to valuation shocks because of the country's bond yields, which are back to where they were pre-coronavirus. One risk to Chinese equities would come from any loss of control over the virus, but that seems unlikely at this point. Social commerce in China: teleshopping redux China's out...