CHINA will be able to weather the effects of a global economic slowdown as the domestic economy remains well-supported and company balance sheets are healthy, according to Philip Ehrmann, manager of the Jupiter China and Jupiter Asian funds.
Ehrmann acknowledged that recent share price volatility has been further exacerbated by the Chinese government's actions aimed at curbing inflation, though he believes that a combination of strong balance sheets, robust productivity and a steadily appreciating currency should partially offset this. "We do not believe the long term secular growth trend in China will become derailed by the problems in the US, as growth is being driven by a process of massive urbanisation," he said. "The Chinese government will continue spending significant sums on infrastructure to deal with the inevitabl...
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