China/ Hong Kong Chinese stocks rallied in August. The MSCI China Index rose 6.56% (6.59% in U.S. dollar terms), Hong Kong’s Hang Seng Index jumped 7.45% (7.48% in U.S. dollar terms) and China’s domestic A share index increased 4.12% (5.17% in U.S. dollar terms). China’s currency, the renminbi, end…
China's historical growth drivers have started to plateau, but many untapped industries--particularly in the services sector--are set to take the lead, says Seafarer's Andrew Foster.
As investment in fixed assets declines, consumption will drive GDP growth in China , and consumer cyclicals offer high yields and good valuations, says Matthews Asia's Jesper Madsen.
BaoCap's Kevin Carter says there's no imminent landing--hard or soft--in China , and with the country's 35% contribution to global GDP growth, investors should up Chinese exposure in the consumer and tech sectors.