She explained that the “China-plus-one” strategy is benefitting India, which is also seeing a new cycle in real estate.
"India's beginning a new cycle on the real estate side — made in India, work from India — with the global centers setting up there," she elaborated.That being said, Kandhari feels that some pockets of China are still investable, hinging on the improvement of the country's economic growth.
Kandhari said a key factor that investors need to take into account is that the risk premium in both public and private Chinese assets have gone up given geopolitical issues, as well as the country's nominal growth which has"collapsed."economic data broadly missing expectations"You really need the nominal side of the economy to pick up, and that will be only in areas where there is pricing power, or areas where you would see growth," Kandhari said, citing examples in green technology and semiconductors. But these will only be in small pockets, she reaffirmed. Additionally, capitulation in China has only happened at the sentiment level, but not at the flows level where it's looking"like a screaming buy," she surmised. Capitulation generally means a point at which investors sell their assets out of fear. "So I think it will take a while for even any upside, and [for] some of the select pockets that [will] look encouraging to us."
Please follow us on Google to support us United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morgan Stanley reveals the 'next big thing' in smartphone tech and picks global stocks to buyThe bank also shared its views on Apple launching a product including this smartphone technology.
Read more »
Presidente de China se ausentará de reunión del G20 por deterioro en las relaciones con IndiaEl presidente de China Xi Jinping se ausentará de la cumbre del G20 de esta semana en la India en momentos en que las relaciones bilaterales permanecen distantes, por lo que su lugar será ocupado por el premier Li Qiang, anunció el Ministerio de Asuntos Exteriores chino el lunes.
Read more »
China’s Xi will skip G20 summit in India during a period of soured bilateral relationsChinese President Xi Jinping is apparently skipping this week’s Group of 20 summit in India as bilateral relations remain icy.
Read more »
China's Xi will skip G20 summit in India during a period of soured bilateral relationsChinese President Xi Jinping is apparently skipping this week's Group of 20 summit in India as bilateral relations remain icy
Read more »
China's Xi to skip G20 summit in India over soured relationsChina’s foreign ministry says that the Premier Li Qiang will attend the 18th G20 Summit held in New Delhi, India, next weekend.
Read more »