Ariel Investments' Mallari-D'Auria on EM

The video discusses the economic outlook in China, highlighting improvements in real estate and consumer confidence. It explores investment opportunities in Chinese equities, such as Ping An Insurance and Great Wall Motor. The discussion extends to China's influence in Asia, particularly its impact on Korea, Vietnam, and the Philippines. The video also covers economic prospects in Southeast Asia and India, noting Vietnam's growth potential. Finally, it analyzes global economic risks, including energy prices and emerging market opportunities, emphasizing the potential for earnings growth in 2024.

What is the current focus of China's economic outlook?

• Agricultural exports

• Technology sector

• Residential real estate

• Industrial production

Which Chinese stock is mentioned as being attractive due to its discount to net asset value?

• Tencent

• Alibaba

• Ping An Insurance

• Baidu

What is a key factor that could benefit Vietnam and the Philippines economically?

• Decrease in consumer spending

• Decline in foreign investment

• High labor costs

• Shift in manufacturing from China

Which Southeast Asian country is highlighted for its economic activity returning to pre-COVID levels?

• Thailand

• Malaysia

• Philippines

• Indonesia

What is a major risk to the global economy mentioned in the final section?

• Decreasing labor force

• Geopolitical tensions affecting energy prices

• Increasing agricultural prices

• Rising technology costs

How does the easing position of China's economy help offset global uncertainties?

• By increasing tariffs

• By supporting other economies

• By increasing interest rates

• By reducing exports

What is the expected earnings growth for emerging markets compared to the US?

• 10% for both

• 20% for emerging markets, 10% for the US

• 5% for emerging markets, 15% for the US

• 15% for both