I think things are coming to a pause with Yang stepping down.

254

I am turning cautious on China equities. Growth has been fully priced in and re-rated, and a 'China premium' is re-emerging.

144

Exports to the U.S. and EU have been a key source of China's GDP growth and that's not a sustainable growth model. The other key concern is whether investment will rebound. If it stays at below 30 percent I'll feel more comfortable.

140