Awdry monopolises on China's move up value chain

Niche industrial exports such as hospital equipment and medical devices are driving growth, according to Gartmore China Opportunities manager

Gartmore's Charlie Awdry is cherry picking opportunities in China's export-led industrial market, as the region moves up the value chain. Awdry, who runs the group's £636.9m China Opportunities offering, said these industrial manufacturers are fuelled by government incentives, domestic growth and export sales. "In recent months, the industrial sector has been challenging but it does include some niche growth areas where I expect companies to develop strong track records over a five- to 10-year horizon," he said. "Today we are seeing a sharp rise in local Chinese companies able to prod...