Goldman Sachs sees potential for further rise in Chinese stocks due to improving macroeconomic performance and policy support, with a 60% probability of continuing gains and potential average returns of 35% in the next 6 months.
China has unveiled new foreign ownership rules for certain telecommunications services, a move to generate investment and confidence as it strives to meet broad economic goals.
If troublesome trends among local officials are not addressed, Beijing’s plans to develop a unified domestic market will be effectively blocked, according to prominent political scientist Zheng Yongnian.