What could slower Chinese growth mean for investors?

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With a third year of negative returns likely, what went wrong for China and are there still opportunities?

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 23 November 2023

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

A recent headline in Foreign Affairs sums up the collective market sentiment around China – “The End of China’s Economic Miracle”.

The Chinese stock market is on track to post negative returns for the third year in a row. This gloom has pushed share valuations to the bottom end of their historical range.

However, for those willing to look through this darkness, there could be opportunities on offer.

This article isn’t personal advice. All investments can rise and fall in value, so you could get back less than you invest. If you’re not sure whether an investment is right for you, ask for financial advice. Past performance isn’t a guide to the future.

Deng Xiaoping became supreme leader of China in 1978, ushering in a series of pro-market reforms. This led to rapid economic development. Over the following four decades, China increased its income per head