As China's leadership implements reforms to increase the country's domestic consumption and reduce dependence on exports, the long-term implications for the global economy are profound.
China’s digital champions have been buffeted by uncertainty on three fronts: COVID-19 measures, regulatory tightening and the risk of delisting from US stock markets. We sat down with Ronald Keung, the head of Goldman Sachs Research’s Asia internet team to discuss the recovery of China’s internet sector following a period of weaker earnings. Looking beyond the near-term COVID impact, Keung says that the outlook remains promising for investors.
As COVID-19 lockdowns in China threaten to further upend supply chains and the global economy, investors are reevaluating their exposure to China. In the latest episode of Exchanges at Goldman Sachs, Goldman Sachs Research’s Kinger Lau, chief equity strategist in Macro Research, and Hui Shan, Goldman Sachs’ chief China economist, discuss the outlook for China’s economy and markets.
Are there signs of healing in China’s property sector? When the indebted property giant China Evergrande Group started defaulting on its payments last fall, fear spread that a potential bankruptcy would trigger a broader crisis in China’s debt markets — and global markets more broadly. Several months later, defaults on Chinese property bonds continue to remain elevated. We spoke with Kenneth Ho from Goldman Sachs Research and Salman Niaz of Goldman Sachs Asset Management for their views on Chinese property credit and the Asia high-yield sector more broadly to understand what has changed.
At a time when some investors are questioning the investability of Chinese assets due to significant regulation and growth concerns, Goldman Sachs Research believes China A shares, a US$14tn asset class, have become more investable given the ongoing liberalization and reform measures in the Chinese capital markets.
Is there a case for dropping China from emerging market (EM) indices? We sat down with Goldman Sachs Research’s Timothy Moe and Sunil Koul to discuss the drivers behind the growing debate to invest in EMs, without China.
As the Chinese government continues to carry out unprecedented regulatory tightening, what does the new environment mean for China’s growth and investment outlook? Goldman Sachs Research senior strategist and creator of the firm’s Top of Mind report, Allison Nathan, speaks with China watchers to better understand the motivations behind the government’s actions and whether they mark a meaningful shift in the relationship between the government and the private sector in China.
Goldman Sachs’ Stephanie Hui, Basak Yavuz and Prakriti Sofat of the Asset Management Division describe the impact of China's heightened regulatory scrutiny on the capital markets and the implications for investors.
Trina Chen, co-head of Goldman Sachs’ China Equity Research, discusses China’s plan to reduce emissions from its upstream commodity sectors—which account for more than 10% of the world’s emissions—as part of the country’s pledge to be carbon neutral by 2060.
More than one year into the pandemic and in the wake of the conclusion of China’s 14th National People’s Congress, investors are focusing on how the country will achieve its announced growth target of 6%. At a recent Goldman Sachs Asset Management Forum session, Prakriti Sofat, a portfolio manager who invests in emerging markets, explained the key economic drivers for China this year.
Sharmini Chetwode, head of ESG Research in Asia for Goldman Sachs Research, discusses China’s pledge to be carbon neutral by 2060 and the key technologies that will be critical to achieving this target.
Andrew Tilton, chief Asia economist for Goldman Sachs Research, talks about China's new digital currency initiative and its potential implications for consumers, banks and the Chinese economy.
China’s pledge to achieve net zero carbon by 2060 represents two-thirds of the c.48% of global emissions from countries that have pledged net zero, and could transform China's economy, starting with the 14th Five-Year Plan.
Michelle Cheng, equity analyst for Goldman Sachs Research, discusses the framework her team is using to analyze consumer behavior in China and the key data points they are focused on to forecast long-term growth across a range of retail categories.
In this episode of Talks at GS, Admiral Timothy Keating, the former Commander of the US Pacific Command, and Brigadier General Robert S. Spalding III, the former Senior Director for Strategic Planning at the National Security Council, discuss coronavirus and the geopolitical implications for China.
The race to roll out 5G networks is accelerating across the globe, with US-China trade tensions putting equipment makers in the spotlight. For China, the transition to faster wireless should bring a wave of opportunities for technology stocks, from increased semiconductor demand to a surge in consumer device upgrades, says Goldman Sachs Research’s Allen Chang. We sat down with him to learn more about the scope of the opportunity and how trade tensions could impact rollout. Learn More
In this episode, filmed at the Builders + Innovators Summit in Asia, MIT Media Lab professor Hugh Herr, who lost his legs in a climbing accident, discusses how technological innovations have altered the future for people with physical disabilities. Watch Video
Chinese business leader Weijian Shan discusses the lessons learned from his exile to the Gobi Desert at age 15, the lasting implications of Mao’s Cultural Revolution and his observations on the US-China relationship. Watch Video
The China-US relationship is about more than just trade. While the proposed tariffs on China’s exports into the US represent an effort to correct the trade imbalance between the two countries, what’s just as important is the investment relationship which has expanded in recent years, explains Faryar Shirzad of Goldman Sachs. Watch Video