Mobius on China Stocks, Emerging-Market Debt and Pandemic Recovery

The transcript discusses the rising tensions between the US and China, focusing on the impact on Chinese stocks and investment strategies. It highlights the importance of selecting stocks with a global footprint and strong balance sheets. The discussion also covers the potential delisting of Chinese companies from US exchanges and the implications of trade tensions on supply chains. Opportunities in emerging markets, particularly India, are explored, along with the challenges of debt in these regions. The impact of the virus and the race for a vaccine are considered, with a focus on the need for economic recovery.

What is one of the main criteria for selecting Chinese stocks amidst rising US-China tensions?

• Stocks with a global footprint

• Stocks with high debt levels

• Stocks that are new to the market

• Stocks with low market share

How might the potential delisting of Chinese companies from US exchanges affect their operations?

• It will have no impact on their accounting practices

• It will force them to stop trading globally

• It will significantly disrupt their global operations

• It will lead to immediate bankruptcy

What trend is observed among Chinese manufacturers in response to supply chain challenges?

• They are focusing solely on the US market

• They are reducing their global footprint

• They are increasing production within China

• They are moving manufacturing to other countries

Which emerging market is highlighted as having potential due to supply chain shifts?

• Mexico

• Russia

• India

• Brazil

What is a common characteristic of debt markets according to the discussion?

• They are unaffected by global events

• They have long memories

• They are highly stable

• They have short memories

Which country is mentioned as a potential high-risk investment opportunity?

• Greece

• Venezuela

• Argentina

• Nigeria

What is the suggested approach to dealing with the virus impact on markets?

• Avoid all emerging markets

• Focus on getting people back to work and shopping

• Wait for a vaccine before making any investments

• Invest only in technology stocks