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14-Oct-2022
On 16 October, the governing Chinese Communist Party (CCP) will convene for its 20th party congress with President Xi Jinping expected to secure an unprecedented third term. After numerous regulatory changes upended portions of the Chinese market over the past year, many international investors have questioned whether China is even investable anymore. The congress is further a reminder to investors that the Chinese market is heavily influenced by their politics.
Jasmine Kang, portfolio manager of Comgest’s China Equity strategy notes that China remains an attractive market for those stock pickers who avoid the political noise and pitfalls.