China’s financial regulators have invited some of the world’s biggest investors to a rare symposium next week, three sources said, seeking to encourage foreigners to keep investing despite its recent weakness and rising geopolitical tensions. | Reuters
Large foreign and domestic fund managers such as private equity firms, known as general partners , and their investors or limited partners including sovereign wealth funds and pension funds are expected to join the meeting, said the sources.
All three sources spoke on condition of anonymity as they were not authorized to speak with the media.grew just 3 percent in 2022, one of its worst showings in decades. Activity rebounded early this year after the curbs were abruptly lifted, but momentum has faded sharply since, while policy uncertainty and tensions between China, the U.S. and other Western powers have heightened.
Months of disappointing economic data has MSCI’s China share index down 2 percent on the year, against a 15-percent gain for world stocks, while the yuan is hovering at 8-month lows, pushing some investors to close up their China strategies.
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