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Principal Global Investors

2021 Top 500 ranking: 54

China’s stimulative policy actions: Turning the tide for investors

Principal - Chinas stimulative policy actions-Turning the tide for investors

China’s ongoing struggles with COVID-19 and the country’s lackluster policy response have dismayed investors. In fact, by the end of April, MSCI China had dropped 18% since the start of 2022, credit spreads had widened meaningfully, and the renminbi (RMB) had depreciated almost 4%. However, a series of weak economic ...

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