Global investors double down on Chinese assets

The view of Shanghai's CBD is seen in this photo. [Photo/VCG] China's resilient economy, robust growth potential and improving corporate profitability are fueling more optimism and renewed interest in Chinese assets among foreign investors. Driven by China's advancements in technology and rising confidence in its policy support to stabilize economic growth in the second half of the year, global investors are ramping up their exposure to Chinese equities and bonds. Major foreign financial institutions, including United States asset manager Franklin Templeton, investment bank Goldman Sachs and Swiss bank UBS have stepped up their allocations or expressed optimism about Chinese equities, citing favorable valuations, a peak in China-US trade tensions and optimism regarding China's artificial intelligence-led transformation. Market watchers and economists said that a combination of proactive fiscal measures, targeted industrial policies and accelerating technological innov...