JP Morgan highlights signs of recovery and renewed foreign interest in China

JPMorgan is noting a broad-based recovery in China, with encouraging signs of renewed momentum in markets and rising foreign investor interest in diversification, according to Rita Chan, the bank’s co-senior country officer for China.

Speaking at the Global China Summit in Shanghai, Chan pointed to a pickup in foreign direct investment and a rebound in market liquidity and trading volume over the past 12 months.

• now signs of business picking up, seeing increased share sales in both Hong Kong and mainland China
• “broad-based recovery in liquidity and volume” in China.
• “The development in the last 12 months have definitely been encouraging,”

She added that Beijing’s recent stimulus efforts and reiterated commitment to financial market liberalisation have helped restore confidence, supporting a more optimistic outlook among global investors looking to re-engage with Chinese assets.

This article was written by Eamonn Sheridan at www.forexlive.com.