In March, Goldman Sachs recommended investors increase their holdings of Chinese stocks, citing improved economic growth, stable policies and other positives. At the end of 2007, China’s debt stood at only 152 percent of G.D.P. Advertisement Continue reading the main storyMr. Smith of Crescat said he believed global investors remained too complacent about the China threat. It is unclear whether MSCI, the stock-index compiler, will broaden global access for Chinese stocks. But even he does not see that translating into an immediate rush into Chinese stocks, given China’s problems.
Source: New York Times June 18, 2017 22:30 UTC