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Shifts and Narratives #10
Thursday 21 October 2021
Market News
Today, with developed market equities highly correlated and bond yields remaining subdued, investors are searching for other sources of income. In this respect, China’s assets could prove to be a useful diversifier for global portfolios, as they are likely to become increasingly independent from US ones. This holds true at a broader economic level too. We believe that the time has arrived for China to finally emerge from the United States’ shadow, in the US-China fight for global economic and financial supremacy
China is finally emerging from the US's shadow
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