Contrarian: What next for China... and why should we care?

CONTRARIAN

The entire financial world currently seems abuzz with rumours and speculation about the next great superpower.

The bears are still feverishly peddling the hard landing thesis, citing recent statistics which point to almost no growth in demand for electricity. Meanwhile, the bulls suggest this mawkish sentiment is overdone and this cynicism confuses distaste for the way the ‘Communists’ manage China’s economy (and its wider society for that matter) with a more fundamental appreciation of the massive changes underway in this huge country. Yet investors would be ill-advised to get too drawn into the minutiae of debates about the big structural stuff! Local equity markets, for instance, need to be ...