Fuelled by e-commerce, China's economy bounces back

Great_wall_of_ChinaReforms have returned China to economic health and made it one of the world's best-performing emerging markets, says a senior strategist. Beijing's efforts to cut overcapacity in state-owned enterprises and curb debt accumulation have yielded tangible results, says Maarten-Jan Bakkum, senior strategist, emerging markets at NN Investment Partners. “In 2015, China was seen as the biggest risk to the world economy,” he said. “Two years later, this is completely reversed.” Bakkum says internet and e-commerce stocks have been among the best-performing assets in China. “In the past, commodity producing countries were the main beneficiaries of the Chinese construction boom,” he said. “Now it is mainly the Asian electronics and consumer goods manufacturers that benefit from the Chinese consumption boom.” ©2017 funds global asia

Executive Interviews

INTERVIEW: Joining the family

Dec 12, 2017

An acquisition has increased the visibility of Natixis investment managers in Australia. George Mitton talks to its local chief executive.

INTERVIEW: ‘It cannot be excluded’

Sep 27, 2017

Bond Connect’s launch means China’s onshore bond markets are more accessible than ever. Mo Ji, an economist at amundi, tells George Mitton why that matters.

Roundtables

REAL ESTATE ROUNDTABLE: In search of a home

Jul 17, 2017

From Korean warehouses to Chinese hospitals, investors’ holding periods are growing in Asia. But in a market awash with liquidity, so is competition for assets. Our panel in Hong Kong discuss real estate investment.

ROUNDTABLE: More transparency, less certainty

Mar 20, 2017

Our panel discussed exchange-traded funds, regulatory overdrive and whether mutual fund recognition has been a failure. Chaired by George Mitton in Hong Kong.