Scaling The Great Wall

The narrative this week suggests that Chinese markets are rallying because the Government is encouraging citizens to buy stocks. Is it that simple? Are global institutional investors wading into Chinese markets on the recommendation of the Government?

Chinese markets are rallying for the following reasons - 1) Dollar stalling2) Improving fundamentals3) Reasonable valuation4) COVID under control

Can emerging markets finally outperform after a decade in the shadow of the S&P - led by China?  Check for yourself in the video link below:

Scaling The Great Wall

This is what I believe.

What do you believe?