China's growth targets are facing headwinds that are impacting both Chinese equity, credit and real estate investors. Lockdowns are not helping markets.
Challenging Times
With China still targeting 5 to 5.5% year-on-year growth, investors are now questioning whether this is feasible.
The fact remains that the real estate sector continues to struggle, with loans to developers at falling at a faster rate than has been seen in a decade. A drag on economic growth which is compounded by China's zero COVID case lockdown policy.
As things stand today, Asian equites & credit seem to be very challenging headwinds.
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