The Chief Strategist of Fullerton Markets, Jimmy Zhu, appeared LIVE this morning on CNA to discuss several crucial developments in the Chinese market, including:
– Beijing established a modest 2023 GDP growth goal of 5%.
– The Chinese government seems to have little interest in stimulating the economy in the short term.
– Chinese stocks may climb as global rates rise.
– China prioritises high-tech and manufacturing self-reliance.