Julie Biel joins the conversation on the complexities involved with investing in China on CNBC’s Fast Money.
Skip to 2:47 to watch Julie.
In this thought-provoking video, the discussion revolves around the upcoming National People’s Congress in China and its potential impact on the investment outlook for the country. The focus is on China’s economic growth estimates, with GDP forecasted to exceed 5% and inflation expected to be around 3%. President Xi is also anticipated to undertake a significant government reshuffle, consolidating the Communist Party’s power. The conversation highlights the potential softening of geopolitical tensions following the congress and the effect of the US dollar on emerging markets. Furthermore, the participants emphasize the immense influence of China’s economy on the rest of the world, caution against underestimating China’s power, and draw attention to the shift in China’s technological focus towards hardware and chip manufacturing. The discussion also touches upon the complexities of investing in China due to market dynamics and government influence. The potential Taiwan tensions and the implications for American businesses are briefly mentioned. The participants express varying opinions on investing in China, raising questions about economic data credibility and highlighting the importance of considering geopolitical factors. Watch the video to learn more.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.