in view of 2023, Invesco bets on growth in Asia
Macroeconomics, monetary policy, market phenomena: every week, the Figaro Bourse et placements offers insights from a finance professional.
Mike Shiao, Invesco’s chief investment officer for Asia, is very optimistic for stocks in the region in 2023. Indeed, he believes that “Asian economic growth will get back on track in 2023“, noting that the”Asia ex-Japan GDP is expected to maintain a higher growth rate than other developed markets“.
India & China on the front line…
The first market pointed out by the American management specialist from Atlanta, whose assets exceed 1,400 billion dollars, is India: “We expect significant growth potential in India which could pave the way for various investment opportunities.Of course, the specialist is counting on China to support this anticipated progress on the continent: “we are counting on a gradual reopening of China, which is the world’s second largest economy“, continues Mike Shiao, which should allow the country to regain strong growth, certainly below the 10% annual average known before, but which will be favorable…
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