Global investors wanting to profit from China’s economic recovery and dodge geopolitical tensions are increasingly turning to companies in Paris, Las Vegas and beyond
May 15, 2023 5:30 am ETLuxury conglomerate LVMH Moët Hennessy Louis Vuitton is one of the top picks of international investors betting on China’s recovery.Global investors wanting to profit from China’s economic recovery are increasingly turning to companies in Paris, Las Vegas and beyond.
They are loading up on shares of European, American and Japanese companies instead of Chinese stocks, as high geopolitical tensions between Beijing and Washington have made it unpalatable for some international money managers to invest in Chinese companies.
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