Reopening Trade Is Working Better Outside of China

The video discusses the unexpected strength of the economy, which surpasses expectations of both economists and policymakers. Despite this, markets are reacting negatively, focusing on potential issues rather than positive data. Geopolitical tensions, particularly related to the US election cycle, are affecting Chinese markets. This political climate is deterring investors, especially offshore ones, from Chinese equities. The video highlights the dichotomy between the positive economic fundamentals and the negative market sentiment driven by geopolitical noise.

What are the fundamental reasons for owning Chinese equities despite the current market sentiment?

Discuss the dichotomy between the economic indicators and market reactions as mentioned in the text.