"Overlooked green shoots" for China - improving growth seen ahead ...Middle East

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In summary from analysts at Invesco Asia Trust on their outlook for China.Say that factors leading to ingrained pessimism on the economy include:faltering demand in the property marketweak consumer confidencea perception that the policy response to market weakness in late 2023 was underwhelmingBut, the analysts say they are maintaining a slight overweight position in China and Hong Kong, citing:much of the negative investor sentiment comes from ignoring strong household savings and healthy balance sheetsrecent policy announcements point to a greater focus on boosting confidence and supporting growthif attitudes toward China improve, they will be rising from a low base, with heavily discounte

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