Henderson's Awdry on Chinese inflation's downward spiral

clock

Henderson's Charlie Awdry expects Chinese inflation to cool in Q4 and fall towards 5%, allowing the authorities flexibility to ease monetary policy and boost shares.

Awdry, who heads up the group's £531m China Opportunities fund, said September's 6.1% CPI figure was ‘disappointing' but he expected it to fall further in the next few months towards 5%. A fall would free up the authorities to loosen monetary policy in order to stimulate economic growth, Awdry said. "China's trade surplus is narrowing due to the slowdown in world growth and the PMI data throughout the year has been indicating a softening in growth - so this is no great surprise," said Awdry. "I think inflation will come down in the last quarter towards 5%, although the government w...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the week: UK budget headroom, global growth, and the Bank of Japan

Stories of the week: UK budget headroom, global growth, and the Bank of Japan

UK growth forecasts, Premier Milton, and TIME Investments: The biggest stories from the world of investment and asset management this week

clock 21 March 2025 • 1 min read
BCA Research's Eric Jaffe: Market uncertainty exposes AI's weakness

BCA Research's Eric Jaffe: Market uncertainty exposes AI's weakness

Importance of human-led insights 'undeniable'

Eric Jaffe
clock 19 March 2025 • 3 min read
Partner Insight: Gilty Pleasures

Partner Insight: Gilty Pleasures

Andrew Madigan of Atlantic House explains the short-dated Gilt attraction

Andrew Madigan, Head of client investment solutions, Atlantic House
clock 19 March 2025 • 6 min read
Trustpilot