This summer China launched a new policy regime, which escalates government steerage of the economy and features two critical initiatives. This CPD article from Epoch Investment Partners discusses these policies in detail and outlines what it might mean for investors.
There are two initiatives introduced by China earlier this year. First, Beijing has (finally) taken action to tame the country’s real estate obsession and speculative excesses. Second, the “summer blizzard” of regulatory actions has evoked crackdowns on a wide range of sectors, including online consumer platforms, fintech, gaming, private education and many more. We believe these policies mark a historic turn, with the pendulum swinging ever further in favour of the state.
To read the article and complete the CPD quiz (0.25 CPD) click here.