Life in the fast lane: While economic growth slows, Chinese equities need not follow the same path

Deep Dive into Chinese equities

On the face of it, life in China is returning to some sense of normality. Domestic travel bans were lifted in the middle of 2020, restrictions on dining out have been relaxed and slowing manufacturing abroad has even led to a surge in exports.

Normalisation cannot come soon enough for policymakers who are reluctant to add stimulus, increasing an already high debt burden. Consumption is expected to pick up the slack, but this could be optimistic even in a country where cases are under control. Many happy returns for investors? Look out for digitalisation and deglobalisation this Chinese New Year At time of writing, initial travel figures for Chinese New Year - the biggest migration on the planet (400 million to 450 million people on the move) -  were expected to be 70% lower than even 2020 levels, highlighting the difficu...