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Global investors confident in China’s growth Chinese equities have become even more attractive to global investors as the nation’s robust economic recovery backed by a strong domestic market provides a stable and predictable environment amid COVID-19-related global uncertainties, top asset managers said. BlackRock, the world’s biggest asset manager, with $9.01 trillion under management, is favoring Chinese equities that benefit from accelerating domestic consumption and other long-term trends, while having added investment in some upstream sectors like energy since the fourth quarter of last year, said Lucy Liu, a portfolio manager at BlackRock. The New York-based fund management giant believes that a steady recovery in China’s domestic demand will shield the country’s economy from rising global uncertainties surrounding COVID-19, after the total global number of new infections reached the record high of 5.2 million last week.

Yu jingweiNicholas chuiLynda zhouZhu haibinLucy liuNational bureau of statisticsChina dailyChina at fidelity internationalNew york basedNational bureauFidelity internationalநிக்கோலஸ் சுத்திலிண்டா ஜூலூசி லியூகருப்பு பாறைதேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்