China coronavirus

china recovery

Among The World’s Largest Economies, China’s Will Be The Least Affected One By Coronavirus

Mark Shirreff Matthews (Head Research Asia, Julius Baer)| We remain Overweight on China. Of the major world economies, it will be the least impacted by the coronavirus. It is impacted nonetheless, but China’s economies of scale, and financial and technological resources, mean it can develop “new infrastructure” even more than it had previously planned to. Our recommendation for long-term investors is to be positioned in that space, and all its ancillaries, while in the short-term, “old infrastructure” (like cement and construction equipment) will also receive a boost.