HONG KONG (Reuters) – Chinas growth will be driven by education, autos, healthcare and e-commerce over the next two years, as Beijings push to transform its economy into a consumption-driven one pays off, a fund manager said, adding equities were a top pick for 2018.
Global stock markets have soared to new heights this year, as the world economy gathered speed even as inflation remained stubbornly weak, giving central banks room to roll back some of the stimulus deployed in the aftermath of the 2008-09 financial crisis while keeping interest rates relatively low.
The strength in equities is set to continue, …
Read the full article at: https://www.reuters.com/article/us-investment-summit-harvest/harvest-global-cio-bets-on-chinese-new-economy-stocks-idUSKBN1DD0RF