After a rocky 18 months, investor interest in China is picking up. Last month saw the biggest rise for China’s market since December 2012, while economic growth is also improving. The government has boosted infrastructure spending and cut taxes. And it looks like the rally will continue.
Mark Mobius, long-serving manager of the Templeton Emerging Market Trust (LSE: TEM), was reported on SeekingAlpha as saying the rally “is sustainable because of the amount of money available for the market. Banks are sitting on a lot of fuel to add to the fire”.
Make no mistake, the outlook [...]