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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Up from 14% in 2017