Chinese stocks have been disappointing for investors, with the MSCI China index delivering a gross total return of 3.9% per year in sterling terms over the past decade. The market appears cheap, trading at ten times forecast earnings, but faces risks such as demographics and geopolitical tensions. Despite recent government efforts to boost growth, investors remain cautious, with three trusts in the China specialist sector offering distinct strategies for navigating the challenging market conditions.
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Trade-promoting UK departments face ‘up to 40%’ staff cuts, warn insiders
Roula Khalaf, Editor of the FT, selects favorite stories in this free weekly newsletter highlighting potential job cuts in UK government departments focused on attracting investment and promoting exports, despite promises to boost economic growth. Plans for headcount reductions and restructuring are underway, including merging the Office for Investment with the business department's investment directorate, aiming to strengthen regional investment propositions and improve trade performance post-Brexit. The British Chambers of Commerce expresses concerns about potential...
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