State of Play. 24 August 2023

China in Crisis?

If you look back over modern history, arguably China experienced the greatest economic miracle in the shortest possible timescale. However, ever since the pandemic, China has struggled to navigate the balancing act of restricting the spread of the disease without damaging the immense financial progress it has achieved in the preceding 40 years.

International investment markets appear to have begun to scrutinise the latest trends and economic data, highlighting concerns about the central government’s responses and whether they will be the effective medicine required to put China’s future growth prospects back in good health. What might this mean for investors and future market sentiment? 

Simon Durling, from Santander Asset Management, shares his thoughts in this week’s State of Play. 

SAM UK – State of Play -  24 August 2023