China will weather economic storm - Ehrmann

clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read
Investment chiefs advocate regular adviser calls to navigate inflation

Investment chiefs advocate regular adviser calls to navigate inflation

Chief investment officers weigh in on inflation concerns

Sahar Nazir
clock 06 March 2024 • 1 min read