The slowing momentum in China’s economy has damped its appeal as an investment destination, especially in an environment where the rest of the world is holding up well, said Keiko Kondo, head of multi-asset investments Asia for Schroder Investment Management. The tech-driven equity rally in South Korea and Taiwan has laid the foundation for a broader upswing across sectors, she added.
China’s CSI 300 Index commands a price to estimated earnings of 11, below its average for the past decade and trailing the ratio for Taiwan benchmark gauge.
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