China's sluggish economic recovery has weighed on key Club stocks. Here's why we're holding on

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China's sluggish economic recovery has weighed on key Club stocks. Here's why we're holding on
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The Club's China-focused names are poised to ride out the storm, while finding alternate routes to growth.

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China's long-awaited post-Covid recovery is faltering as the world's second-largest economy faces growing deflationary pressure, a property-market crisis, sluggish growth and record-high youth unemployment — erecting a maze of obstacles for the Club's holdings that are most exposed. But we still think a Chinese economic rebound is on the horizon. And, in the meantime, our China-focused names are poised to ride out the storm, while finding alternate routes to growth.

China's long-awaited post-Covid recovery is faltering as the world's second-largest economy faces growing deflationary pressure, a property-market crisis, sluggish growth and record-high youth unemployment — erecting a maze of obstacles for the Club's holdings that are most exposed.

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