Gregory Jones, CFA, Senior Vice President, Portfolio Manager
Everyone’s asking about China. The country is one of the worst performing equity markets in 2021 and the economic rebound appears to have stalled. What happened? Our answer is nothing and everything. Notwithstanding all of the factors we detail, it appears that the economy will enjoy a healthy economic recovery during the balance of 2021 and 2022 and that China will enjoy robust earnings through 2022.