First State Stewart Asia on China and why it has $2bn invested in A-shares
Clampdown has prompted stock market bounce
Richard Jones of First State Stewart Asia
All hail China. It could have been scripted, but with the 19th National Party Congress (and Xi Jinping's coronation) recently completed, it was a fair bet that things would continue to spin along in a favourable manner. And they have, despite rising levels of debt and slowing GDP growth, writes Richard Jones, portfolio manager at First State Stewart Asia.
A clampdown on some very high profile local investors, in respect of overseas ambitions and investment, as well as a purge of some of the more aggressive Ponzi-esque insurance companies, has prompted a...
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