A executive of US Investment Management Company said that in the context of the intensified situation of geopolitical tensions between China and the United States and the slowdown in economic growth, investors must re -evaluate the asset allocation of China.
The Vice Chairman of the U.S. Asset Management Group Bellaide, Philipp Hildebrand, said in an interview with Bloomberg TV on Thursday (June 8) that China's economic growth may be at the end of 2030.Slows to only 3%, partly because of changes in the population structure.The transformation of Sino -US relations will force investors to consider additional risks, which may reduce the asset allocation of China.
Hildebrand said, "We need to increase the configuration of China" may be obvious in the past, but now investors must re -evaluate how to allocate assets in China.
Talking about China's economic prospects, Hildebland said: "China's economic cycle and structure are showing signs of slowing down. You must solve this short -term separation problem, and it will also face very seriousThe demographic challenge will inevitably lead to a significant decrease in China's economic growth in the next few years. "
He warns that before the core inflation rate drops to the target level, the central banks around the world will still have more work.Doing less effort compared to the European Central Bank compared to the European Central Bank.He also said: "Any expectations for the implementation of a loose policy for the central bank are unrealistic."
Hildebrand expects that if you want to lower the inflation rate, you may see a slight economic recession.
