Fund managers have dismissed concerns next month's Beijing Olympic Games could mark the beginning of the end for rapid Chinese economic expansion.
With just 16 days before the Games of the XXIX Olympiad, fears have mounted the event’s closing ceremony could trigger a Government-led slowdown for the Chinese economy. However, Allianz’s Michael Konstantinov and JPMorgan’s Pinakin Patel feel the Chinese race will continue to be run long after the athletes leave the communist state. Konstantinov, the Allianz RCM BRIC Stars fund manager, says China’s drive to become the world’s largest economy in the next 10 years will ensure its growth story continues. “The Olympic Games should be seen as politically and economically very important for ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes