- The Chinese economy surprised to the upside and Chinese stocks have spiked.
- A fundamental analysis shows that Chinese stocks are still 50% undervalued.
- The Chinese economy is less risky and growing faster, but the market hasn’t yet fully recognized the situation which makes this the best time to invest.
One of the greatest fears circulating the investing environment in the last few years has been that China is about to slow down and drag the whole world into negative territory. I found such a fear a bit silly because it wasn’t based on proper macroeconomic analysis but mostly on western investors’ perception. More →