1. Newsroom
  2. What will the year of the Ox hold for China?
Menu
洞见 01.02.2021

What will the year of the Ox hold for China?

What will the year of the Ox hold for China?

The economy is set to rebound in 2021, leading the global economic recovery once again. 



However, policy-makers will pursue quality over quantity in order to avoid exacerbating existing economic fragilities. This means that Chinese consumers will drive this momentum, which is a meaningful departure from the previous model of investment-led growth. 

Meanwhile, the upcoming 14th Five-Year Plan will also aim to achieve developed-nation per capita income levels before 2025, requiring 8.0% GDP growth this year and around 4.5% to 5.0% thereafter

Better economic activity will support bond yields and currency appreciation, while industrial upgrading and innovation will require further deepening of financial reforms. The latter will be key to facilitate resource allocation and wean Chinese companies off their historical dependency on bank loans.

Chinese equities

Casanova_Carlos_150x150.jpg
Carlos Casanova
Senior Economist, Asia
Go to his Linkedin profile.

Expertise

Impact investing - Contributing to a more sustainable future

What are the key features of impact investing?

Read more

European Equities

European equities offer unrivalled opportunities in terms of breadth of sector and market exposure.

阅读最多

洞见 10.02.2021

COVID-19: UBP keeps you up to date

Since this coronavirus appeared, UBP has provided its clients with guidance and support as we all tackle this unprecedented global health crisis. We give you regular updates on everything from our own safety protocols and the recommendations issued by the authorities to our experts’ latest analysis on the effects of the pandemic on the world economy and financial markets.

洞见 17.12.2020

UBP Investment Outlook 2021

A Brave New World

洞见 24.03.2021

标题:全权委托投资管理服务

 我们提供独具特色的全权委托投资组合管理服务,助您达成独一无二的目标和愿望。 


延伸阅读

洞见 15.06.2021

Impact investing in emerging markets post COVID-19

2020 has been a real stress test for impact investors in terms of balancing impact and financial returns.

洞见 11.06.2021

Preparing for the start of a mini-cycle

The recovery phase of the US economic cycle is increasingly mature and looks set to transition to its next phase in the coming months, a ‘mini-cycle’ similar to those seen in the long expansions of the 1990s and in the post-Global Financial Crisis era.

洞见 09.06.2021

The return on natural capital

The concept of return on natural capital is rapidly gaining ground among investors.