Deep Dive: Investors' attention turns to non-state-owned enterprises

Huge increase in SOE defaults

Aneeka Gupta, director, research at WisdomTree Europe, dives into the Chinese equity industry.

Chinese equities have been negatively impacted by the recent wave of regulatory intervention by its government. We believe the concerns from the West stem largely from the lack of understanding of the East. The Beijing government's regulatory probe largely centres around three core areas: anti-competitive/monopolistic behaviour, data security issues and customer protection. China's foreign policy aggressiveness chimes in with their principles on domestic populism. We believe China's national self-sufficiency programme has surfaced faster than the West expected, and China is in a less vul...