Chinese stocks have staged an impressive rally, outperforming every other national index in the world in the first quarter of 2019. The CSI 300 Index, which covers the biggest equities in Shanghai and Shenzhen, has gained nearly 30% in 2019, its best quarterly performance since late 2014.
Investors have cheered up after last year's 25% slump. Beijing has decided to tackle the economic downturn by encouraging more bank lending, while tax cuts and spending increases should bolster growth too, as Standard Chartered points out. The bank expects the Chinese business cycle to bottom out in the first quarter of this year.
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