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Increasing Labor Shortages Drive China to Invest in Automation May 27, 2021
As its population ages, China, the world’s second largest economy, is facing growing shortages in the labor market, according to CNBC.
In an interview with CNBC, Jonathan Woetzel, senior partner at McKinsey said “it’s still rapidly evolving that aging population is a reality … China’s now facing the challenge of potentially getting old before it gets rich.”
Chinese Population Boom Slows
According to the National Bureau of Statistics, China’s population of working age people shrank by more than 5 million over the past 10 years. A contributing factor: residual impacts from the one-child policy, put into place in the 1970’s.
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LONDON, May 26, 2021 /PRNewswire/ Krane Funds Advisors, LLC, (
KraneShares ), a global asset management firm known for its China-focused exchange traded funds (ETFs) and innovative China investment strategies, today announced the launch of the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (Ticker: KSTR) on London Stock Exchange (LSEG).
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 largest securities listed on SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
As China has quickly become a world leader in innovation, the Shanghai Stock Exchange developed the STAR Market to promote China s high growth publicly-listed science and technology companies. The STAR Market includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.
Investment Week is hosting its Asia, China & India Market Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain.
During this interactive briefing, we will hear from a number of Asia managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond.
The managers will identify where they are seeing the biggest opportunities and risks at the moment in Asia and explain the role their strategies could play in client portfolios.
Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points.
Cover All the Hot Bases in Chinese Equity with This Model Portfolio May 18, 2021
ETF investors looking for growth and innovation in China, can turn to the KraneShares Krane China Innovation Strategy.
The strategy consists of a model portfolio that seeks to provide investors exposure to themes that capture China’s innovation in science and technology. In particular, the strategy looks at sector-specific opportunities to take advantage of China’s rapid expansion when it comes to the internet, healthcare, clean technology, and 5G.
The strategy incorporates five KraneShares ETFs and provides a suggested allocation:
“With so much growth and innovation coming from various sectors in China, we are excited to launch the Krane China Innovation Strategy to help investors achieve an efficient portfolio approach to China innovation,” said Jonathan Shelon, Chief Operating Officer of KraneShares, in a press release.