For Professional Clients and, in Switzerland, for Qualified Investors only. In Israel for Sophisticated Investors only.
English
  • English
  • French
en
  • en
  • fr
Filter by theme
Filter by date
Filter by boutique
Filter by theme
Filter by date
Filter by boutique
No posts matching your criteria
Clear theme
Clear all
No posts matching your criteria
Clear date
Clear all
No posts matching your criteria
Clear boutique
Clear all
For Professional Clients and, in Switzerland, for Qualified Investors only. In Israel for Sophisticated Investors only.
English
  • English
  • French
en
  • en
  • fr
© 2022. BNY Mellon Investment Management EMEA Limited. All rights reserved.
IDEAS AND KNOWLEDGE TO INSPIRE YOUR INVESTMENTS THINKING
17 February 2022

Going for gold?

The Beijing Winter Olympics give China’s leadership the opportunity to reflect upon and celebrate considerable achievements in the areas of economic development, technological innovation and international leadership realised since the same city hosted the Summer Olympics in 2008. The event also represents a significant milestone in the final year of President’s Xi’s second term, before he embarks on an unprecedented third term in the post-Mao era. However, the pressures on the Chinese economy facing policymakers in 2022 mean that the Olympic euphoria will be short-lived.

 

For investors, who have experienced the regulatory headwinds unleashed by ‘common prosperity ’1 in 2021, heightened Covid restrictions and geopolitical tensions, the hope will be that the Winter Olympics mark the peak in macro uncertainty and that policymakers can restore the economy to a more stable growth path for 2022.

 

Richard Bullock, global strategist, Newton Investment Management.

 

Doc ID: 858309

 

1 ‘Common prosperity’ is a Chinese government policy aimed at narrowing the country’s widening wealth gap.

Please note the content on this website is for Investment Professionals only and should be shared responsibly. No other persons should rely on the information contained within this website.

 

Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.

Subscribe to updates