Half of investment professionals in a poll expect Chinese equities to generate a return of more than 5% in the next 12 months and a fifth expect the return to exceed 20%.

Dutch asset manager NN Investment Partners has raised its estimate for next year’s economic growth in China from 5.9% to 6.2% based on anticipated stimulus.

The leading actors in a developing war over tariffs and trade deals have been accused of not appreciating the myriad ways in which large economic processes are linked.