More than a billion people globally will celebrate the Year of the Rat. Should you be embracing China, from an investment perspective that is? Or should you be avoiding it for a raft of reasons, the latest being coronavirus?
It was a strong year for the Chinese stock market, reflected by the average China fund being up in excess of 22% in 2019. Despite the best efforts of Trump, China equities have been impressively resilient in 2019. Whether Trump-inspired or otherwise, heightened geo-political conflict looks like being the “new normal”, and investors are more relaxed about such tensions.