China Markets Could Do Well in 2021: Bernstein’s Agarwal

The video discusses the recent underperformance of Chinese equities compared to other emerging markets, driven by sentiment despite China's economic growth in 2020. It highlights the reasonable pricing of Chinese stocks and the potential for future growth. The speaker suggests focusing on value and cyclical stocks due to market dispersion and high valuations in high-growth sectors.

What factors are contributing to the short-term downside for Chinese equities?

What is the significance of sentiment in the performance of the Chinese economy?

How does the current valuation of Chinese stocks compare to other emerging markets?

What trends are expected to influence the Chinese market in the next year?

What investment strategy is being recommended for the Chinese market?