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Are Chinese Consumers Backed With A Vengeance?
12 mins·07:30, 17 Jan 2023
Are Chinese Consumers Backed With A Vengeance?
12 mins
·
07:30, 17 Jan 2023
·
Recommended
43 mins
Guest: Catherine Lim, Senior Analyst, Bloomberg Intelligence
There are strong expectations that the average Chinese consumer will be back with a vengeance with the relaxation of Covid-19 restriction and the opening of borders effective January 8. But this reopening has not been without its headwinds as we have seen higher hospitalisation rates and also deaths in China. China remains a crucial market for categories geared toward consumers with higher incomes on the back of rising affluence. But with a still uncertain environment and fluid nature of this reopening, how should investors be positioning for stocks within the consumer sector? For insights, we have Catherine Lim, Senior Analyst Bloomberg Intelligence.
Image credit: Shutterstock
Presenter: Chong Tjen San, Wong Shou Ning
Producer: Chong Tjen San
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