Menu
China’s robust export growth since mid-2020 (Exhibit 1) has been a direct result of ZCP containing the spread of the virus.
BloombergNEF predicts passenger EV sales should reach 14 million by 2025 [2] before accelerating even faster in the rest of the decade.
This means the penetration rate of NEVs rose to 17.8% in August, also reaching a record high.
Factory output growth in the world’s top energy consumer has dropped back to levels last seen in early 2020, when heavy COVID-19 curbs were in place.
Quality and resilience key in global emerging market opportunities.
Alejandro Arevalo, Head of Emerging Market Debt, gives his views on what the Evergrande crisis means for the rest of China, Asia, and emerging market debt more broadly.
Themes
Book now