JP Morgan highlights signs of recovery and renewed foreign interest in China ...Middle East

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JP Morgan highlights signs of recovery and renewed foreign interest in China

JPMorgan is noting a broad-based recovery in China, with encouraging signs of renewed momentum in markets and rising foreign investor interest in diversification, according to Rita Chan, the bank’s co-senior country officer for China.

Speaking at the Global China Summit in Shanghai, Chan pointed to a pickup in foreign direct investment and a rebound in market liquidity and trading volume over the past 12 months.

    now signs of business picking up, seeing increased share sales in both Hong Kong and mainland China “broad-based recovery in liquidity and volume” in China.“The development in the last 12 months have definitely been encouraging,”

    She added that Beijing’s recent stimulus efforts and reiterated commitment to financial market liberalisation have helped restore confidence, supporting a more optimistic outlook among global investors looking to re-engage with Chinese assets.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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