Uncertainties ahead

Chen Yuhui, head of research at China Merchants Fund, finds no reason to be upbeat about investment opportunities in China in the second half. New fixed asset investment projects and loan growth have been down for several months, which will limit investment driven growth. Household income hasn't grown quickly enough to significantly drive domestic consumption. And the debt crisis in Europe, which makes up 20% of China's exports, is deemed to hurt China in the coming months.

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Other Articles on this Issue

• Financial China

  Select financial charts

  Defusing time bombs

• Macro View

  A double dip?

• Funds Data

  China flows hold firm

• The Best of Chinese Commentators

  Convergence of interests

• The Big Call

  Trade: a profit-poor boom

• Consumer China

  Healthcare services – breaking free from the state

  Topchoice – the only domestic listed dental clinic

  China Nepstar – hostage to state pricing

  Aier – focusing on eye care

  Sinopharm – good grounding

• Capital Intensive China

  A slow charge

• Guest Column

  A basket solution

• View issue