Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE
Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE
Sylvia Sheng
Opinion

Opinion

Macroscope by Sylvia Sheng

Chinese stocks buoyed by coronavirus containment, economic recovery and an improving outlook for reforms

  • In Europe and the US, fears of a resurgence in coronavirus cases have weighed heavily on market sentiment. In contrast, China’s better control of Covid-19 and broader economic recovery explain the resilience of Chinese equities

Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE
Shanghai’s Pudong financial district. Structural reforms are key for China to maintain its rapid growth over the long term. Photo: EPA-EFE
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Sylvia Sheng

Sylvia Sheng

Sylvia Sheng, vice president, is a global strategist on the multi-asset solutions team, responsible for communicating the group's economic and asset allocation strategy, based in Hong Kong. Prior to joining J.P. Morgan, she worked as a China and Asia economist at Bank of America Merrill Lynch. She has a PhD in economics from the University of Cambridge and an MPhil and BA in economics from the same university.