China looks poised to maintain its momentum

regional analysis

Managers believe domestic demand spurred by emerging middle class will help re-balance economy and allow sustained double-digit growth

Atlantis China manager Yang Liu predicts China will take its place as the second largest world economy in 2008. China entered a new cycle in April 2003, following a ten-year bear market and is heading for a long bull run, according to Liu. "China is experiencing secular change, leading to fast pace urbanisation and industralisation with a rapid upgrading of lifestyle," she added. "A rising middle-class driven consumption means China is experiencing demand-led growth." A key theme to the China recovery story has been the balancing act played by the Government in curbing excessive capacity...