China Is Not Really That Expensive: Eastspring's Wong

The video discusses the current state of China's market, highlighting its valuation as inexpensive based on price to earnings and price to book ratios. Despite this, investor sentiment remains weak, both domestically and overseas. The video explores investment opportunities in China, particularly in SOEs and value equities, while noting the cautious approach towards new economy sectors. Key economic indicators like PPI are analyzed for their impact on market recovery. The discussion also covers the light exposure of overseas investors in China's onshore market and the potential influence of global economic factors, such as the dollar index and interest rates, on investment decisions.

What is the significance of the PPI in relation to manufacturing activities in China?

What potential triggers could lead to a reallocation of capital back into Asia from the US?