https://www.scmp.com/rss/329963/feed Alexander Treves is an investment specialist in emerging markets and Asia Pacific equities at J.P. Morgan Asset Management en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com China’s economic revolution has been one of the defining stories of the 21st century. Yet, for foreign investors in Chinese stocks, the returns have been far less impressive. This is a stark reminder that equity investors buy companies, not economies. High economic growth may create an environment that is conducive to higher revenue growth, which in turn can contribute to increased earnings growth across the corporate sector – but this is not necessarily the case. Much of the divergence between... https://www.scmp.com/comment/insight-opinion/asia/article/2179700/why-chinas-economic-success-no-bellwether-foreign?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/asia/article/2179700/why-chinas-economic-success-no-bellwether-foreign?utm_source=rss_feed Fri, 28 Dec 2018 06:00:45 +0000