Principal Global Investors' West on Global Markets

The video discusses China's economic challenges, including the impact of COVID-19 and vaccination rates on its economy. It highlights China's role in global growth and provides investment advice, suggesting caution in the short term but optimism for 2023 and beyond. The video also explores investment opportunities across various asset classes, emphasizing private assets and direct lending as promising areas.

What is the primary challenge China faces in its economic strategy?

• Increasing export rates

• Balancing reopening with health risks

• Improving technological infrastructure

• Reducing inflation

What is the expected economic condition in the first half of 2023?

• Stable growth

• Rapid inflation

• Further tightening

• Economic expansion

When is the market expected to improve according to the investment strategy for 2023?

• First quarter

• Second quarter

• Third quarter

• Fourth quarter

Which asset class is currently overweight in the investment strategy?

• Equities

• Fixed income

• Real estate

• Preferred securities

What is a highlighted benefit of private credit in the investment strategy?

• Lower interest rates

• Higher liquidity

• Better covenants

• Increased volatility