As a long-term investor in China, Justin Leverenz, Director of Emerging Market Equities, has significant interest in seeing China reestablish its legitimate position of global leadership.
Mr. Leverenz is not worried about growth in China over the next year or two, though he is increasingly concerned that China is playing a short game, which is in conflict with a sustainable long-term strategy of economic development and progress.
In looking at China’s economy from an investment perspective, he offers a way forward that includes an effort to repair the damages caused by excess credit; bolstering the financial sector; and reforms in corporate ownership and governance.
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