China is one of the most important economic superpowers in the world. It is the second-largest economy representing ~18% of global GDP, 70% of annual iron ore demand and 38% of the MSCI Emerging Markets (EM) market cap.
This size means that any slowdown or acceleration in Chinese growth is felt globally.
After reporting positive growth in 2020, we believe that there is still upside for the Chinese economy in 2021, from 3 factors:
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David is one of Australia’s leading investment strategists.