BlackRock's Taw: China Will See Consumer Driven Recovery

The video discusses the optimistic outlook on China's GDP growth, which is expected to be higher than the official target. It highlights the difference between industrial output and consumer spending, emphasizing a consumer-driven recovery. Despite positive economic indicators, investor sentiment remains cautious due to geopolitical concerns and a preference for peripheral markets like South Korea and Taiwan. The valuation of Chinese assets is attractive, but investors await earnings growth. The video also explores market opportunities, focusing on onshore and offshore equities.

What is the projected GDP growth for China according to the speaker?

• 6.1%

• 5.5%

• 6.5%

• 5.0%

What is the main driver of the recovery story in China as mentioned in the first section?

• Export growth

• Government spending

• Consumer spending

• Industrial output

According to the JPMorgan survey, what percentage of investors voted for better than expected Chinese growth?

• 30%

• 20%

• Less than 6%

• 10%

What is the current positioning towards Chinese equities as per the third section?

• Balanced

• Neutral

• Overweight

• Underweight

Which markets have performed well due to their trade relations with China?

• Japan and India

• Vietnam and Thailand

• South Korea and Taiwan

• Australia and New Zealand