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Domestic Consumption Is Powering China’s Transformation 

 

 

9/12/2013 

Raymond Chan, CIO Equity Asia Pacific, says China’s biggest growth driver will continue to be consumers, not exports. A strong RMB and a reform-minded government should help this transition; watch for November news to jump-start the markets.
The material contains the current opinions of the author, which are subject to change without notice. Statements concerning financial market trends are based on current market conditions, which will fluctuate. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities. Forecasts and estimates have certain inherent limitations, and are not intended to be relied upon as advice or interpreted as a recommendation.

 

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