Why China's slowdown is good news for investors

Evidence of a moderate slowdown in economic growth should not be feared as any pain as a result of China's rebalancing will be manageable in the long term, says Mark Williams, co-manager of the Liontrust Asia Income fund

Regional equity valuations look attractive with plenty of opportunities to invest in companies with decent yields, low valuations, and reasonable growth prospects. At the moment, Hong Kong-listed Chinese companies provide the best opportunity to achieve this compelling combination, particularly within the under-researched mid-cap space.  We see evidence of a moderate slowdown in China's economic growth as good news. The transition process is bound to cause some pain within the economy - and divergence in stock returns within China - but this should be manageable.  There is growing ...