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  • What is your outlook for China?

  • So we're actually pretty constructive on China.

  • Obviously given the recent party congress, we're gonna have stability politically there,

  • and we think they've got the tools at their disposal to deal with some of the challenges they've got around debt levels

  • and things of that nature.

  • And what you have to remember is that

  • today, the incremental global growth is largely coming from China and the Asia Pacific region.

  • So, two thirds of incremental global growth are coming out that region about half of that is China.

  • So, China at 1.1 trillion, even growing at 5 percent, it's still 5 hundred billion dollars of incremental growth.

  • So, we actually like the China story quite a lot.

  • And how does it translate into investment opportunities?

  • Well, really, on two things.

  • One is that you, um... have additional support for equities

  • and the things we've been talking about in terms of broader global equities being able to generate earnings

  • because you have this huge consumer class in China, about a hundred million middle class consumers, for example,

  • they're gonna want goods and services and whatnot.

  • And, it also is a good opportunity for people to think about China specifically

  • and get in access to companies within China that both will tap that consumer group within China as well as be global players.

What is your outlook for China?

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