Poor returns from China’s assets are structural, not cyclical
Despite China’s apparently robust economic growth over the past decade, the returns from its stock market have been poor and its bond yields are very low. We think the next decade will be similarly disappointing, potentially contributing to further net capital outflows from the country.
This report is part of our new series on China Shock 2.0. Explore the series and follow the latest publications on this dedicated page.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
