ASIAN AFFAIRS: Following severe lockdowns and amid a dwindling birth rate, China seeks to confront economic and technological challenges by enlisting foreign expertise, including Israel.
Schroders will launch the first batch of fund products this year, company executive tells the Post, as it joins international firms such as BNP Paribas with expansion plans in mainland China’s US$18.26 trillion asset-management industry.
Index compiler MSCI has revised its China stock gauges to better track the country’s public companies at a time when local investors are flocking to undervalued SOEs, but analysts say non-state-owned firms were also worth looking at.
The Nanjing Street shopping and tourist area in Shanghai. The rally in SOEs has boosted confidence in China’s economy at a time when it has failed to live up…