Are Chinese Consumers Backed With A Vengeance?
Catherine Lim, Senior Analyst, Bloomberg Intelligence
17-Jan-23 07:30
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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
Produced by: Chong Tjen San
Presented by: Chong Tjen San, Wong Shou Ning
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Tags: china reopening, chinese consumer, consumer market,
