- This regulation aims to foster sustainable growth of companies and lower social inequalities.
- Despite policy headwinds in some sectors, China is still on track for decent GDP growth over the next decade, while its middle class should continue to grow and see its purchasing power increase as income gaps are narrowed.
- For long-term value investors, the selloff has created good opportunities, especially among companies whose growth trajectories remain intact.
- Areas more aligned with the government’s long-term goals include green energy, semiconductors, new infrastructure, electric vehicle supply chains and high-end manufacturing.
- FF China Consumer Fund: The long-term objectives of these policies will have positive implications in the form of long term -and more sustainable- catalysts that will support consumption across China.
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