Has China become "unavoidable" after being once labelled "uninvestable"?

This article first appeared on Livewire markets on 5 April 2023

As an economy, China has been through a significant amount of upheaval in the last three years. At one point, Chinese tech and internet stocks were labelled "uninvestable" by JPMorgan analysts. The note caused shockwaves in the financial press and it even cost the firm its position as a lead underwriter for Hong Kong-based tech firm Kingsoft Cloud (which is incidentally up 38% over the past year). 

Fast forward one year since that note was published and that same team now believe China is not just investable but "unavoidable". 

But was it ever uninvestable? Catherine Yeung of Fidelity International argues no.

"I wouldn't agree that it was ever uninvestable ... For us, it's still very, very investable."

"I wouldn't agree that it was ever uninvestable ... For us, it's still very, very investable."

In this edition of Expert Insights, we go through the key macro factors affecting investing in China today. We'll also examine how China's investment opportunity sits among the rest of its peers across Asia.